renew fib retracement, page-14

Galba85, Desktop,

Regardless of your or my posts, market adjusts itself when chart is high it will drop. That is normal course of stock market. Looking at DOW/XAO charts, ppl can see they have been up too long since GFC. Similarly to NTU that was up too many waves since 10c by talking without drilling result. So NTU retracement is normal. Trouble is we dont know when sp is bottom, that is why I post Fib levels so that we all can guess. And it is up to individual choice: HOLD/SELL/BUY BACK at lower.

My guess is NTU still can fall to 50/60 (fair price as my old post). Similar to MAK and AKM, I sold them all when I think sp are too high and I have not picked up yet. IMO, without drill result, NTU sp is too high and risky as no one knows what drill result will be. But I do hope NTU will find good REE/HREE as s/h have wished.