1) 80 - 0.236(80 - 17.5) = 65
2) 80 - 0.383(80 - 17.5) = 56
3) 80 - 0.50(80 - 17.5) = 49
4) 80 - 0.618(80 - 17.5) = 41
5) 80 - 0.786(80 - 17.5) = 31
Which one?
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Blogs, Novac Opaline, asharma, and other friends, thanks for your responses.
Novac, thanks. I am happy of getting out before music stop.
Opaline, thanks. Yes, Fib ratios work well
asharma, Mee is not IPL But good luck to you and others for holding and waiting
Blogs. my mistake with Mee was I entered around low 30th. Instead of holding and waiting for RSI, CMO, RMI to reach 80 or even 90, I sold for quick profit. Then keep ins and outs with few more $ profits. However, I was happy of getting out last Friday.
I change my mind because XAO will fall further. Mee game is over. Lnc, Mee, Cxy are over price. Long way to pilot trial. Broker/clients pump and dump before getting free (or < 40c) shares later. Remember 55m shrs @ 40 is or will be on market soon. That is why I was out. Chart looks sick. Broker/clients and day traders are trying to block on buying side and slowly dump their shares to get out. Should see 56 or lower in the near future.
I may be wrong. But take care and good luck to all
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chart looks sick
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