Small bull flag sent the move above bear channel, true?. I think so.
This chart is weekly chart showing the overall massive pattern - the smaller patterns are still in play.
In my own opinion this major pattern still favours 38-49p as a target.
Broke out of bull flag resistance is high of move dotted blue, failure to break will see retrace. Positive break of R! and confirm will see much higher.
FBT add/long at last post of flat bottom of move, approaching trend resistance.
No idea what is up here - this is a no volume share, no float. Just noting the patterns.
Major support trend just below, however I feel this little flat move could hold, hence my adding at this level.
No advice intended.
In my own opinion.
I am only commenting on the chart - I do not know what is happening behind the scenes
Such a tiny free float that any trade moves SP goes for buying and selling. Interesting move chart wise.
Popped through the top of bull flag today, needs to settle 2 days above this point to confirm B/O
May come to test lower support 8p area Still long for the massive major pattern.
Came back to test the original channel breakout. Would like confirmation by making a HHOM
Flag building - may breakout which would see a good move north.
Action in this flag - I am expecting a move soon.
After breakout of original channel sp came to back test the channel, this may happen a few times, failure of this support will see sp revert back to original channel trend support.
No comment - chart looks bullish but that be from the lack of liquidity.
Broke out of the wedge, now flagging F Flag (Oscar can take that one)
Nice support from trend and MA 50 and eventually 200.
Break above 1p will have me even more interested.
I noted the breakout of the wedge and then what has now become the F flag (Oscar yours).
Held above 50 and 200 with support
Obvious break of 1p mid will get me more interested
The major pattern in play, placing made the shoulder broader but target same, support 9.8p and 8.50 p