RE: Share price10 Jan 2021 08:49
Well the US is banging right up against that 85p resistance line. So presumably if it breaks though, the so will we. If it hesitates, we may rise to equal it then hesitate too. Eventually it'll give. It might even fall straight away.
I'm no expert charter by the way. By any means. And am mildly cynical about them, certainly when it comes to volatile AIM stocks. But enough people base their decisions upon them to make them self fulfilling, so I do watch them and more often than not, they work. Just using simple lines joining (most) highs and lows. Extrapolating straight lines from as far back as 2017 may seem daft. But I see them work time and again, because others see them too and abide by them.