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CHAR daily 16/05/13

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Another very tricky AIM share to read due to the two massive gaps down in May and Sept 2012.

There is a short term uptrend in play with support at 17.2p today. This formed from a long term bullish divergence so may have some strength to it. The key initially will be to break out of that short term downtrend from January highs which requires a close above 20.95p currently, though this reduces daily. An early breakout of the RSI would be a good indicator of this possibility.

Resistances are at that trendline and at 
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Guest Monday, 16 May 2022