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Higher Low Needed

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Having had the hammer off support and a backtest of the previous support area at 69p, we now need the current level to form a higher low if this short rally is to continue.

The RSI looks promising but until this has that higher low and then a higher high we can't be sure of anything here. I'm still long with my stop just below 63p but I'd really like to see that 69p level taken out now.
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Guest Sunday, 29 May 2022