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chart analysis

  1. 287 Posts.
    Am trying to make sense of what Maxi wrote re the PRR chart.
    If you take the low of 15.5 to the 26 c high, why would you cut out the 27.5 high in between?
    I would have thought that the low of 13.5 to the high of 27.5 would be the range to look at.
    If so, the fib 38.2% is 22.15 c.
    Am I crazy or is Maxi just doing ranges to suit his thoughts?
    Would appreciate any thoughts as these charts can be a mystery to a lot of us on here.
 
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