daytrading april 11 morning, page-254

Hi Pete,cheers bro
Hows the little man doing....
Ive been around but keeping quiet..
keeping an eye on you ..lol and listening to your dulcet tones on your old webcasts....Barry White has nothing on you....
re CNO
Fibs are our organic golden numerical sequence,certainly not precise, a little mutating is expected,with stocks they can be uncanny but still nothing technically/mathematically sound , more self perpetuating imo...
Thats why I like to run a point and figure chart in combination.

"After a significant move (either up or down), prices will often rebound and retrace a significant portion (if not all) of the original move. As the price retraces, support and resistance levels will often occur at or near the Fibonacci Retracement levels."

anyway with todays VWAP at .19 and some tree shaking to .16 It does look like the .17 is going to be the next consolidation/accumulation level, when this retrace settles