ACN 0.00% 28.5¢ acer energy limited

hopeless

  1. 1,538 Posts.
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    Look like INP might drop further. Test Fib ratio (from H 1.305 and L .55).

    1) 23.6% = $1.13
    2) 38.2% = $1.02
    3) 50.0% = $0.93
    4) 61.8% = $0.84
    5) 78.6% = $0.71

    Today drop > 0.618 and may not hold at this level. Big boys or short sellers try to push sp price down to 71c or less. Oil price will hold or rise further but INP is down badly. It is hopeless!
 
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Currently unlisted public company.

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