BML 4.55% 10.5¢ boab metals limited

PMY - Charts, page-457

  1. 3,390 Posts.
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    At 2c it has undertaken a perfect 38.2% Fib retrace from the high at 3c. To my way of thinking and from a technical standpoint it would have been very strange for it not to have done that. That's just perfectly normal behaviour for a SP that was overheated in the short term and these are nice, orderly, relatively predictable entry points for buyers, especially given the long term story here. 50% is quite possible also, so keep that in mind.


    https://hotcopper.com.au/data/attachments/2419/2419282-859cc4717fd0b0833affeccad094949a.jpg
 
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