BZM...C'mon ya fooker!

for me there was no hefty volume to "confirm" the breakout....may have just been spread manipulation as I thought may be the case just before leaving this morning.....I'm bullish above 14p and would be bearish below 13.75 (12.5 retest?).....there are still volume sellers out there and many in at much higher prices and after feeling soo much pain many are looking to sell into any spike....I'm expecting that to occur at 19p and only then can this breakout in earnest..it's now above the 20 and 50 day, but this is a stubborn beast and my only view is that I think there is opportunity to accumulate whilst the seller tries to clear out.

Anyway the chart clearly shows resistance at top of channel and found support at breakout "back test" area....that shows that there is no longer a cap on the downtrend, but until we see volume buying then probably too early to be ultra bullish...for now higher lows and higher highs and the bottom triangle and "U" in the making is what I'm accumulating for with 6 month target near 35p....who knows what will happen, but I do like me chart patterns! (mind only work about 50% though!)