Will the price surge today be similiar to the one day surge that happened on 22nd April 2008 ? Immediate resistance is the 34 to 35 cents resistance band. Next resistance is the 20 days EMA resistance line followed by the black downtrend support turned resistance line. If these 3 resistances can be cleared then price momentum will challenge the higher resistances at 38.5 and 43 cents. Conversely, breakout failure above the 34 to 35 cents resistance band will see price drop back down to the 29.5 to 30 cents support band.
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