The gap @ 56c. closed within 3 trading days and tested initial point of support/resistance @ 58c. and shortly thereafter tested the second line of support/resistance @ 60c. If there are two consecutive closes above 60c. or below 58c. look at the price action on the third day. However, the elephant in the room is a fall ( close) below the ascending flag pattern, which would signal a retest of 50.5c. and failure to hold that price would be a portend for a move to the low to mid 40's.
YBR Price at posting:
59.0¢ Sentiment: LT Buy Disclosure: Not Held
