Chart, page-14033

Hi Chippers

Just for fun I decided to apply FIB's to the latest short term surge in BRN SP ( do this only very rarely , but its just for fun).

So I am looking at the period starting 21 Dec with a low of 0.645 to a high of 0.97.

So the extentions ranges upward are firstly Ext 23.6% = 1.045 and Ext 38.2% = 1.095 so the 1st target range of 1.045 - 1.095.

Secondly Ext 38.2% = 1.095 and then Ext 50% = 1.13 so the 2nd target range 1.095 -1.13.

I realise that these projections aren't that spectacular, from 0.97 , but they are only short term and considering my first buy into BRN was at 0.08 to me it is very significant to put on lets say another 12 cents.

Just mucking around , so let see how it plays out. Just my opinions as always DYOR.

cheers Lies