NWE 0.00% 5.6¢ norwest energy nl

chart, page-213

  1. 3,290 Posts.
    Previous analysis 100% correct. Side ways trading after slight retrace with Fib holding.

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    Now we have had that slight retrace. We are presently sideways trading with the 38.20% holding, not a bad thing. As I mentioned we need strength on the chart to bust that next resistance. Keep in mind any failure to hold the 38.20% and we'll see a Johny Cash move, imo. I've only had to call a JC move a few times and believe me no one wants that one called, we don't want to be south of the border on this one. Any how as usual I'll update as needed.





 
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