I like to be prepared for any outcome when it comes to retrace levels, I like to get in the mindset of the instos and how they will manipulate the SP to get their best entry for the next leg up, 5.50, 5.10, 4.76.........given that the 50 fib tends to gravitate alot in retrace, then 4.76 cannot be ruled out, I think a retrace to the 23 fib is too skinny, so somewhere around the 38 or the 50 is my bet.
If SP drives below 4.76, that would be bearish.
IMO
My sentiment is SELL short term, then get set for BUY long term.
Thats my take, not financial advice.
IMO
GLTAH
I like to be prepared for any outcome when it comes to retrace...
-
- There are more pages in this discussion • 3,121 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.77 |
Change
0.060(1.62%) |
Mkt cap ! $7.486B | |||
| Open | High | Low | Value | Volume |
| $3.78 | $3.79 | $3.74 | $25.17M | 6.686M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4991 | $3.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.78 | 42978 | 7 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| EVN (ASX) Chart |