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At what point will the retrace be over. Could be yesterdays low...

  1. kuhlii
    194 Posts.
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    10/02/11
    09:29
    Post #: 7870060
    At what point will the retrace be over. Could be yesterdays low of 9.7 but I reckon it will bounce off the top of the gap it's heading for i.e. 8.8 to 9.0c. As that will coincide with one of the many fib lines of one of the many fib calculations then I guess you'll have to give the credit to fibonacci.
    VAL Price at posting: 9.7¢ Sentiment: ST Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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