withoutwings

withoutwings

Darwin out and lots of news due, which appears to be pushing the sentiment forward with this one. Hourly chart shows a clear cup-and-handle picture, a good indication of likely bullish continuance. Indicators have cooled off too - allowing for another move - and MACD starting to converge again toward the positive. Handle trend looks to have been broken towards...

withoutwings

Failed to break second fib target, so could consolidate a bit between 20p and 23p for a breather before resuming its journey. News overdue too.

withoutwings

Neat cup-and-handle on recent consolidation, has broken out, shot past first fib extension with minimal resistance and now meeting (possibly stronger) resistance at initial offering price. Once that is broken, expect quick run up to next fib extension point @ 22.5p where it could pause again.