@Kangagirl I saw ARU stopping just after the 38.2% Fib...

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    @Kangagirl
    I saw ARU stopping just after the 38.2% Fib retracement which takes the share price to 22.5c, so I bought at 23c. Today's action has brought the share price to a retrace low of 21.5 but I reckon this could be the bottom.

    https://hotcopper.com.au/data/attachments/6038/6038654-9e5d0e7938506c3cbc1e421bcc558ce4.jpg


    The reason why I think the 38.2% Fib R line is important is because the ARU chart looks a lot like ASN. When ASN was at a similar stage it retraced just past the 38.2% . It also took 2 days to complete retrace.

    https://hotcopper.com.au/data/attachments/6038/6038671-0e613f2c4c924794834055793655ee28.jpg





    Last edited by Ibza: 18/03/24
 
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