Well we arrived at the same conclusions in different ways regarding the SP.
Personally I think the 78.6% Fib should hold (and usually marks a turn around in SP), which gives me a target low of around 9 cents from the all time high of 42.
BUT if taken from closing price high of 38 then the 8.1 cent low comes into play.
That should see a reversal.
Of course as I've stated previously, this minimum price may never be reached due to something like a large holder accumulating a big slice early on.
Mr. Dragons Son (LOL) is the pitchfork analysis guru, as you so rightly pointed out, so would be interested to have his take on it as well.
The "mood" of the stock (nothing to do with this forum) changed after the first drill results were announced hence why I started trying to figure out what was going on.
Don't pin your hopes on some kind of announcement changing the trend. Announcements usually have short term impacts and give the volume required for profits to be taken.
Cheers.
No offence intended all, as you were and back to the SP manipulation discussion.
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