This is just about holding on to the rising trend channel....while in the channel its possible we see a higher high to around 150p area.
A fall below the channel on a weekly closing basis could trigger a sell of and possible drop lower to around 95p area...possibly lower!
Would watch the channel around 113p area closely. Not an easy one call this...could well go either way but i think the bulls may well force a move back up for a new high...
atb, wdik, dyor,
Trendfriend
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