General comments/chat, page-11932

I'm not much of a chartist, but isn't the second level of the fibonacci retracement 38.2%?

If 18c is taken as the high, then 13c would be the 38.2%, which we hit today. Hopefully this means the consolidation has reached its low and is right to head north again. Third level is 61.8% which would be around 11c - lets hope we don't go down that far!

Personally I'm still expecting a little more of a churn, because it just doesn't feel like we've been consolidating for that long considering the monumental jump we've had thus far. One thing is for certain though (imo imo), we won't be at these levels come the New Year.