RE: Technical Analysis20 Jun 2020 18:33
Over the past five months, the price has been going through a repeated pattern of stagnation followed by rapid rise. The consecutive stagnation periods have been getting shorter: from almost four weeks at ~4p to three weeks at ~8p and now two weeks at ~12p. (I think the latest stagnation stage is over.) The stagnation periods are also becoming calmer: the one at ~4p reached the extremes of 5.5p and 2.7p, the next one oscillated between 7.6p and 9.5p, the latest one between 11.2p and 12.68p. The latest 'stagnation' doesn't really look like stagnation: it's more of a gentle uptrend. Perhaps we're moving to a more appetising pattern: rapid rise followed by a few weeks of gentle rise but rise nonetheless!
That's not technical analysis, just my musings.