In the grip of trendlines becoming resistance
The blue trendline seems to be influencing the log chart in the longer term... It supported the price from 2014 to 2020 and the law of polarity came into effect once it broke in Jan of 2023 turning into resistance by Dec of the same year...
Then there is the matter of the black trendline which has held court of resistance since 2021 having nixed 2 previous attempts at cracking it in nov 2022 and early 2024. It is setting up nicely for a breakout in time with the nov 12 court hearing of the objectons filed by both kiri and senda..
price should creep upto 680 near june 2025 if the singapore judicial authorities remain consistent with earlier verdicts and the chaps entrusted by the courts to sell dystar do its bidding in a timely manner... breaking and closing above these trendlines would signal more good times ahead
Then there is the matter of the black trendline which has held court of resistance since 2021 having nixed 2 previous attempts at cracking it in nov 2022 and early 2024. It is setting up nicely for a breakout in time with the nov 12 court hearing of the objectons filed by both kiri and senda..
price should creep upto 680 near june 2025 if the singapore judicial authorities remain consistent with earlier verdicts and the chaps entrusted by the courts to sell dystar do its bidding in a timely manner... breaking and closing above these trendlines would signal more good times ahead
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