REV(E)'s recent breach of the 2009 swing high suggests a continuation of this accumulation. The positive divergence of trend energy with price tends to foreshadow mark up phases*.
The building trend energy implies a retest of Fibonacci resistance and likely a break to the next Fibo resistance zone.
Uranium Participation (Toronto)
* Richard Wyckoff characterized three phases of the trend: (1) Accumulation or Distribution, (2) Mark up or Mark Down, and (3) Distribution and Accumulation.
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