Missionx, Its a Head & Shoulders Chart with possible 2 Necklines. The Projected low is the distance from the top of the head to the neckline and then that amount down again. So I am not quite which is the correct neckline it could be either of them hence I put in 2 possible outcomes one for each neckline green $1.88 yellow which matches the fib (so long as I have that right)is $1.62 If you look at the Ind's the top one Max Zero Lag it is close to being a buy so that could be a aurgement for $1.88 It may take another week to turn so that could be a aurgement for $1.62. Also note the Shochastic's is oversold but in this mode it could drop even further..imo I've seen a lot of these patterns and they aren't pretty to watch. Cheers Pete.
OZL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
