RE: Breakout or Fallback ..11 Nov 2025 13:42
Winvestor
I said a few weeks back, before MRE it looked like a potential Bearish Pennant flag or even worse a Descending Triangle which often follows the ascending. Id have preferred the flag, their easier to change, break and not as high in probability. So I say shortly as its turned out a dreaded Descending Triangle, the probability of breaking below high and as you see we are completely bottlenecked at the tail end, unable to move up, or below so one must break.
I prefer up, of course as I just want peace and good harmony and people to get along and all be good here. But the percentage call is it breaking down, as thats the trend. Then, its as always a buyers sellers market, plenty of appetite for shares below the 30p. So beyond the current trend pattern, it will depend on numerous factors. But the support, accumulated buying betweem 26p and 30p was pretty high