ONE 0.00% 32.0¢ oneview healthcare plc

See that recent high in July at 32.5c? And the subsequent low at...

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  1. 504 Posts.
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    See that recent high in July at 32.5c? And the subsequent low at 17c? If you draw a Fibonacci grid across this range, the green line (which is 61.8% of the way between the two points - don't ask, but there's some mathematic theory behind it) provides a key level of resistance. When coupled with Elliott wave theory, it can indicate a significant breakout if conditions are right.

    https://hotcopper.com.au/data/attachments/5877/5877524-56f4ddf3ff91612ec2c003f1561f9273.jpg

    This caught my eye because W3hunter correctly called that pattern on ONE a few years ago, just before it went 4x. Not saying that's what is happening here, but I'll be watching just in case
 
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