AAR 8.70% 10.5¢ astral resources nl

Ann: Commencement of drilling at Feysville Gold project, page-4

  1. 12,181 Posts.
    lightbulb Created with Sketch. 1297
    very interesting chart...

    AAR fib phase combined - 02052017.JPG

    two phases of Fibonaccis here




    =============================================================
    Phase 1 - COMPLETED in BLUE above


    AAR fib phase 1 - 02052017.JPG

    Low 1.6c
    High - 3.6c
    Retraced to 2.9c (38.2% fib level C)
    Extension - 4.8c (Fib level D)

    ==========================================================

    Phase 2- in progress (RED in the chart above)

    AAR fib phase 2 - 02052017.JPG


    Low - 2.9c
    HIGH 4.8c
    Retraced to 3.7c (Fib 61.8% - Point C)
    HIGH - should see anything ABOVE 5.2c ==> 9.7c as per the last column "EXTENSIONS"

    ===============================================================
    Hope this helps...
 
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