RE: Higher10 Dec 2021 11:21
You can forget the idea of a pennant signalling a rise over the longer term.
As I have said on here and other boards - I am not an expert at technical analysis \ chart patterns, but there are five or six that I can spot and have used successfully.
So, when I post a comment about a chart pattern, it is to invite debate so that I can hear the opinions of others and hopefully someone with more knowledge can tell me if i am right or wrong in my interpretation of the pattern that I think is emerging.
I have just brushed up of pennants and I now believe that my initial theory was incorrect.
After taking a new look at the chart, It looks to me that we will soon drop to 0.85p which was seen last December.
All just my opinion - please DYOR.
p.s. - "when I post a comment about a chart pattern, it is to invite debate so that I can hear the opinions of others" - proving the slimeball wrong when he said "they don't want to listen" - that from someone who turned on the filter because he doesn't want to listen. He is a hypocrite and scoundrel.