ummmmm........... i stand to be corrected here as i'm no expert, but.........
its last run from $0.87 upto $1.14....
a retrace back to $1.01 is a 50% fib, is it not!
ie. a 27cent run up then back 13cents
so what i'm trying to say is if she holds the $1.00 -1.01 mark it'll be quite bullish......Yeah!!
happy to hold this one, it stads upto the mighty OXR very well indeed as far as i'm concerned EPS wise, albeit half the price 'ish
LVR
leviathan resources limited
