RE: Zero volume and overbought!12 Mar 2025 11:14
I laughed at first Jenashon, but I was thinking of monthly rather than 1 month chart.
For the 1 mth chart, you could look forward to it as a possibility. You could argue there's been one already with a neckline around 39.5. That one has failed. The next possibility appears to be around 42p (daily closing price). If it is and if it activates, then that would argue for a logical target of around 65p. That does co-incide with a level of interest around 63.5, but I'd have thought a level around 72-73 was more likely important. All very speculative for the moment and to my mind seems disconnected from reality. I think it's a waiting game and that we simply don't know.