The fibonnaci numbers applied as extension and retracements give an indication of when other investors are likely to bail or support it. They arent some hard and fast set of rules/formula , you're better off looking at the support and resistance levels than talkin a whole lot of crap/numbers and sounding like a tool. Once RAU goes thru and holds ground above .085, the next resistance as formed by drawing a straight line across the tops of 2, 3, 4 of jan all the way back to 18/10/08 and of course extending it to the future the other way as everyone else is anticipating , is at .135.
BIG Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Not Held
