Purple Group analysis
As stated in my previous analysis, either the resistance or the uptrend support would have to fall by the 1st of November and in this case I think we can conclude that the uptrend support has now been made redundant and the 80c resistance remains in force over the share price. Reaching a max price of 78c this past week, i think that stability can be commended. The journey to R1.00 continues. For now we can expect to remain in this price territory and hope we dont start seeing lower lows in share price movements.
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