Morning Trading March 19, page-257

  1. 1,445 Posts.
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    Yeh, I was thinking maybe the previous high would've been support but not to be
    Looks to have blown through 38.2%

    50% retrace - 17.5
    61.8% - 15-15.5

    Only problem I have with fibs and micro caps with 100% days is that you have HEAPS of traders and retailers that get caught holding the bag.
    People in fear don't care about these levels. Generally why it goes from overbought to oversold so fast it gives you whiplash
    Last edited by ForeverNewbie: 19/03/24
 
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