Land issue is deal breaker when EFF put its demand to the ANC but Orania independence is good proposal to the ANC ?. Black people have lost in these elections.
This is the best the $LIT chart has looked since I called the start of the bear market on the major trendline breach. Needs to put in some sideways to flush left hand supply for 2-3months and break up to commence a stage 2 bull.
Starter position on $AIM and most likely outcome on this pattern as ST traders sell the premature break from the contracted range and then push into new highs.
When gold was basing every test of resistance saw a decrease in selling pressure until the last test of res in March and there was zero sellers. That was the TELL!
Waited 6 years for this break.
7 months later +35%.
Churning through charts and remembered this $MEI sell. Once the upward stage 2 trendline is breached, 90% of the time the underlying moves into stage 3 distribution and the breaks down into a stage 4 bear. Play the probability and always stay in control.