MEL
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0.00% 0.5¢ metgasco ltd

if you take the recent low at 28 and high at 54.5 then a fib...

  1. stocktoe
    1,798 Posts.
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    10/10/11
    10:25
    Post #: 9118711
    if you take the recent low at 28 and high at 54.5 then a fib retrace of 38.2% is 44.5.... if you go back to the low before that at 26 then you're 38.2$ retrace is at 44.... so that maybe why we are seeing buying here...


    MEL Price at posting: 45.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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1 1927625 0.5¢
 

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0.6¢ 5044543 12
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