New heavy support, upward consolidation.

17 mar 2018On this Friday's chart, you can see that we have bounced off the light support line and closed above to a nice little upward consolidation right in the middle of the channel. The main support at 18.66 is now confirmed as heavy support. Today's final candle closed with a slight green hammer, which could indicate a positive Monday open, taking us towards 18.69. If we can't bring in some volume however, this could turn into a giant bull flag, and stop loss should be in place at ~18.70.

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