RE:Strong closeI mentioned earlier that I pulled the eject handle, and wanted to see the following because I was faked out a few times and sick of trying to catch a falling knife.
1. A catalyst to stop the downtrend
2. Clear signs of a trend reversal
The latest news realease regarding the improvement in metalurgical performance seems to have broken the downtrend fullfilling condition 1. On a line chart, we seem to have a triple bottom/head and shoulders bottom formation, and we crossed and closed above the neckline 2.45.
Now I'm back in!