As far as technical analysis goes, I have no idea. Is there a pennant formation?
it's made a few simple "hammers" which often indicate a top (look on any candlestick chart and you'll see it immediately)
A cup? A cup with a handle? Does it matter if you look at the chart from 6 months out, or 10 years out, or 20 years? It all seems like cloud watching to me. ("There's a cloud that looks like a fuzzy bunny!")
Chartists who worry about "cups" etc are fantasists who look at long time scales. :) As you often point out this immediately raises the deal-breaker "what time scale??" "Real" charting happens at the end of one day by looking at the chart and seeing if the day is in balance or what.
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