the last rise was from 6.5 to 11.
the 61.8 pullback is at 8.2 and coincides with the gap at 8.2.
a liitle whinge from me: as i was placing my sell order at 10.5 which i would have got because it was a sell into the bid, my internet provider allowed my internet connection to fail so i still have it.
it should not go much below 8.2.
there is also some horizontal support here also.
had i have sold it, that is where i would be looking to buy back in. on a failure of this holding, i would have a stop loss a wee bit below that.
just a thought.
pivot point, page-20
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