This counter appears to be struggling to maintain its uptrend. Support is at 34 cents, and a move below this level is an indication that the uptrend is approaching an end. Also, if prices ease from here, a negative divergence will develop between price and quarterly momentum.
In the past two sessions, volume expansion has accompanied black candle days, a hint of some selling. Resistance/breakout is at 35 cents. A move below 34 cents points to a test of 32 cents.
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