NTU 3.03% 3.4¢ northern minerals limited

renew fib retracement

  1. 1,538 Posts.
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    NTU has tried its best to keep above 70.5c but with this down turn market sentiment I think sp cant keep up above 70c. Since GFC DOW/XAO has recovered too fast and too soon that they need to drop more. Unless good news soon from drilling, I renew Fib retracement with NTU as I think it is still over price.

    High: 1.075 Low: 0.36
    Retracement
    23.6% = 90 done
    38.2% = 80 done
    50.0% = 71.5 done
    61.8% = 63 can be
    78.6% = 52 ?
    100.0% = 36

    My guess with TA only, can be right/WRONG. Good luck to all.

 
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