OA nice pickup on the breakdown pattern. I saw the same thing but bought in at 61c anyway trying to pre-empt a run up and was stopped out the same day. Keep learning that lesson :-)
Looks like a decending triangle pattern forming? Support at 58c was broken on volume. If it plays out SP may end up around 35ish which lines up with your 61.8 fib retrace. I noticed a similar pattern forming on the CFU chart.
Lets hope it forms a double bottom where it is?
Rhodes
MEO Price at posting:
50.5¢ Sentiment: Hold Disclosure: Not Held
