AJM Chart, page-2816

Fibonacci retracement calculations based on High 50.5c and low 16c
61.8% = 37.3c
50% = 33.3c
38.3% = 29.2c
Looks like the 61.8% retrace fell through. Now may test 50% retrace to 33c perhaps? Any thoughts?

I note from my chart it looks like we are moving into oversold territory. However the stochastics don’t seemed to have hit a turning point yet indicating further short term falls. Could anyone shed some light on different EMA support levels?

Medium term target (say 2018 Q3) should easily be upwards of 50c based on the relative price feels like an easy way to double your money in 6 months.

Great buying opportunity at the moment. I have seen some players talking about trying to maximise profit by pulling big stakes out of PLS in order to move them into AVZ which seems undervalued, I wonder if we are seeing some retail holders doing the same here under pressure from the shorters and other big players trying to get a solid position in AJM?