Last post: May 31st. See chart.
Review: Price had bounced off a support area and was above the £10.00 round number.
Update: Price has dropped lower but is finding support at another support level. The 200 simple moving average below may also provide support if price moves lower.
Conclusion: We will have to see if the support area can hold. It would be best to ...
Last post: March 23rd. See chart.
Review: Price was stuck in a period of consolidation.
Update: Price has managed to free itself from the area of consolidation and has used the resistance level of that consolidation zone turned support to help it find strength to the upside.
Conclusion: We need to wait for a breakout of the previous high before looking for a ...