Rear vision stuff and not very accurate as there are so many MULTIPLE pattern formations to consider and over 100+ different indicators - not every chosen indicator works every time and if your only looking at a couple indicators its very unreliable - go long and you'll make more money LOL
if the bOTs want it at 10c then it will go to 10c if they want it hight it will go higher - if it drifts its more likely to retest break below - news may drive this higher but aside from what we already know we are waiting on something new to lift shareprice - is it overvalued or undervalued - who knows as market decides
I had 12c as support so as long as it stays here then OK but we have 12C on SELL
most traders get wiped out - actually 90% its much safer to buy and go long based on company growth and less risk IMO
Probelm i find with chartists is they throw up a chart and then te=nd to believe its going to do exactly what the chart says - it dosent work like that - heck we all thought we could break 20c 2 weeks ago - nearly did but we dont control market
GLTU and your new trading , hope it works out