MAE marion energy limited

investors, page-124

  1. 2,593 Posts.

    fom a technical perspective with the confirmed break of the support at or around 65c I estimate it falling to 43c before recovering. That is based on it having overshot the 100% retrace area from it's high on June 25 (approx). Given it has overshot it is likely to go to 1.27 times the run up to June 25.

    Anyway that it is for the tea leaves and chicken entrails.

    I would be quite happy to be proved wrong of course.
 
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