possible ways forward, page-44

Hi Chalea,

If it retraces to 15c mate....it will be sell off.... I can't see it going more than 50% fibo.....at 18c.....

Fundamentals are there.....it's only a matter of finding support..... the problem here is if the support is found at very lower levels....it will mean a failure on the last run.....

Anyone can say whatever they want like ohhh it ran 100% blah blah blah.....but..... there is a very distinct line between a consolidation retrace and a sell/retracement that we are experiencing.....

I also hope the DOW will not keep on dropping this week....


anyway....cheers Chalea....enjoy your posts and charts...

take care