Look like INP might drop further. Test Fib ratio (from H 1.305 and L .55).
1) 23.6% = $1.13
2) 38.2% = $1.02
3) 50.0% = $0.93
4) 61.8% = $0.84
5) 78.6% = $0.71
Today drop > 0.618 and may not hold at this level. Big boys or short sellers try to push sp price down to 71c or less. Oil price will hold or rise further but INP is down badly. It is hopeless!
- Forums
- ASX - By Stock
- ACN
- hopeless
hopeless
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)