PREM, hourly cup-and-handle consolidation pattern
Darwin out and lots of news due, which appears to be pushing the sentiment forward with this one. Hourly chart shows a clear cup-and-handle picture, a good indication of likely bullish continuance. Indicators have cooled off too - allowing for another move - and MACD starting to converge again toward the positive.
Handle trend looks to have been broken towards the end of today - about to break-out again towards the extension Fib targets?
Handle trend looks to have been broken towards the end of today - about to break-out again towards the extension Fib targets?
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