Testing red horizontal resistance of ascending triangle and black downtrend resistance line. Immediate support is the red uptrend support line. Next support is the 58 to 57.5 support band followed by the 53.5 to 50 cents support band. Breakout above the red horizontal resistance will propel price towards 70 cents resistance.
Strong buying from both the Big Boys and retail buyers as shown by the volume distribution chart above.
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