BMN 3.65% $2.84 bannerman energy ltd

this is what looks like a 100% fib retrace to where the first...

  1. 1,798 Posts.
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    this is what looks like a 100% fib retrace to where the first rally started. Charts like this are also a worry, i.e one big hump.... everyone got excited then it's slowly fallen in waves until the business model they have looks smashed. My pick would by for 15/16 cents. But that is purely based on a 100% retrace on original rally....

    monthly over 6+ years



    the break on 24 was the sell signal if you were still holding. The retesty of it today failing was your second and last warning ta wise.
 
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