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Ann: LOI Signed with Drilling Subcontractor for P, page-18

  1. Xank
    2 Posts.
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    27/05/11
    13:29
    Post #: 8461285
    re: Ann: LOI Signed with Drilling Subcontract... Hi,

    Just curious why you say a 50% retrace of 24 = 12. Do you not measure the retracement from the top to the bottom of the wave in question, which starts around the 5.8p mark.

    On that basis 50% retracement is ~ 15.3p and 61.8% is ~ 13p?

    Just curious on your view here.
    RRS Price at posting: 23.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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