re: Will not fall below 8cents.........some techni OK......let's get serious about Powerlan ;o)
Bonkers and the PWR followers have been using their bulls#it Fibonacci retracement levels to buy in all the way from 90c down to 9c...............so that doesn't work.
Just revisited the chart (and anyone who's bought in the last 2 years as an investment has lots of courage.....to put it nicely) and there is a definite head and shoulders pattern formed between late 99 and late 2000 with a neckline at 90c. This should provide a reliable guide..........
Now......using head and shoulders theory we subtract the neckline value from the top (3.15-90c) which gives us 2.25.................we then subtract this from the neckline to give a price target on the downside.
So.....0.90-2.25= negative $1.35. :o)
ED.
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Last
$2.23 |
Change
0.020(0.90%) |
Mkt cap ! $384.1M |
Open | High | Low | Value | Volume |
$2.17 | $2.23 | $2.17 | $63.59K | 28.94K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 5000 | $2.19 |
Sellers (Offers)
Price($) | Vol. | No. |
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$2.23 | 4999 | 1 |
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No. | Vol. | Price($) |
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2 | 1415 | 2.230 |
1 | 5000 | 2.190 |
1 | 1128 | 2.180 |
2 | 11513 | 2.170 |
1 | 439 | 2.160 |
Price($) | Vol. | No. |
---|---|---|
2.230 | 5433 | 2 |
2.240 | 10000 | 1 |
2.250 | 2523 | 2 |
2.300 | 3864 | 2 |
2.360 | 2500 | 1 |
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Last
$2.20 |
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Change
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