Selling seems to have exhausted now between the 6-7p range and with partner news on the horizon I can see a decent rise from around these levels. 10p is my main logical target, but ~14p and a test of recent highs could be on the cards too.
I like the multidiagonal breakout. While the volume on the move so far hasn't been huge, it feels like the selling has come to an end in the current range.
Looking to see if this trend line is broken & finds support at or around the 200MA (6p). Heading towards oversold, but wouldn't go long yet. LSE:TLOU
I think this is the bottom of the current phase of activity. It's had a sharp rise, 50% retrace (with a double bottom). It looks like it will consolidate a little further here, but should then look to move towards a re-test of the recent high. Current SP 9.38, target 13.5p.