RE: Interesting25 Nov 2016 12:42
Chart:
http://imgur.com/a/pKccl
Some upper targets are highlighted bang on some very well observed Fibs.
The upper line of the descending wedge is @ 2.75p this week.
Don't, imo, be disheartened by the MMs blocking her at upper 2s - there's a reason for that and it's because, in tech theory, a break above 3p "targets" anything up to that 30p Fib extension so in the absence of news to make her break out for real, they're simply doing their jobs by keeping her in place but if and when that news drops then .............
Downside? 1.50p at worst I think.
GLA