88E 0.00% 0.2¢ 88 energy limited

88E Charts, page-199

  1. 3,661 Posts.
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    Time for a chart? Been a couple of months.
    Here's my read on how the Elliott Wave principle might be playing out for us.

    29-01-20.88e.PNG

    With the CR participants no doubt looking to derisk pre-drill, and with our RSI (53) now at a number that (more recently) is seen as a safe TA entry, IMO, the MM's will be looking to take this to at least the gap close inside 3 weeks, or ~ $0.032 equiv.

    Lay any drill bets from around there, i'm thinking.
    GLA
 
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