MGO
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0.00% 14.0¢ marengo mining limited

The 34c was resistance on the way up .It broke through it on...

  1. bsredoje
    2,836 Posts.
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    19/01/11
    22:25
    Post #: 7763388
    The 34c was resistance on the way up .It broke through it on third attempt. It may become support now. Also 34c is 61.8% Fibonacci retracement from 28.5c low to 43c high. So IMO MGO should hold 34c & rebound from here. Time will tell
    MGO Price at posting: 34.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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