I have around $1.85 as a possible buy/top up zone, reason being a 50% retracement. Low of around $1.63 in Sept to the high of $2.07 = 44 cents/2 =22cents. Taking 22cents off $2.07 = $1.85
Also i have noticed there are a few buyers sitting at $1.85, not that im a big fan of market depth due to the fact it changes overnight.
Of course a lot depends on the drilling taking place, plus the poo, but i find if blackwolf comes out of his cave and starts posting about poo being stuffed then i take that as a sign its going back up.
Please form your own opinion.
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