MEE metex resources limited

Line chart shows sp may fall to 26/22.5.Test 0.618 ratio:39.5 -...

  1. nana
    1,538 Posts.
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    07/05/08
    12:27
    Post #: 3678790
    Line chart shows sp may fall to 26/22.5.
    Test 0.618 ratio:

    39.5 - 0.618(39.5 - 17.5) = 26c

    From 17.5 jump up to 39.5 is too much. Opes prime trouble, more expenses and long way to go that will push sp down further.

    I may be wrong. DYOR and good luck
    MEE Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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