The VCR has some ominous looking characteristics which lead me to be bearish about it's current sp.
I have overlayed a Fib. retracement grid and would like an enterpretation from Arthur or others more familiar with Fib theory than I am.
To me, the Fib. theory would say that VCR looks to have bounced nicely off the 62% retracement level. What does Fib theory say is likely to happen next if this 62% level @ $1.90 fails to hold over the next week or so?
Thanks
-HBG
Keep the main thing the main thing!![]()
- Forums
- ASX - By Stock
- chart: fib. enterpretation?
VCR
ventracor limited
The VCR has some ominous looking characteristics which lead me...
-
-
- There are more pages in this discussion • 51 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)