Break of descending wedge – above 200ma – RSI breakout
Price has closed yesterday above descending wedge and today we are rising in attempt to break the 200ma.
if we close above 200ma then not much resistance as there is no MA’s above so it will be easier to move.
BFS is around the corner and could be released any day now so momentum is building.
24p is broker target which is over 100% from here.
Good luck all.