#PREM; possible breakout of the flag; levels in play at 0.108 & 0.128. May retest breakout (0.08). Levels up 0.158, 0.195.
Watch for continued above average volume & rising stochastic, a push of the latter into the 80’s may trigger an impulse move.
Trade level to level.
My first publication, fairly new trader so all comments are appreciated and will hopefully help me improve. Please point out any mistakes you think I have made.
Support at 0.5p has been good which was the last Primary bid placing level and near the 200dma, price has been moving sideways along that level for some time. Resistance and targets at around 0.7p, 0.8 and...
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...