PEN
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0.00% 8.7¢ peninsula energy limited

In case anyone is unsure of Fibonacci......The high earlier in...

  1. karlos68
    272 Posts.
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    09/11/12
    18:36
    Post #: 10980618
    In case anyone is unsure of Fibonacci......The high earlier in year at 7.5 cents and the trend to low a few weeks ago has caused a retrace to the 61.8% level at 5.5 cents......This is also (rough eyeballing) the fib fan ascending trendline 23.6%....the pullback is likely(in my opinion) due to strong fib at 5.5

    PS Had a few cans so beware
    PEN Price at posting: 5.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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