HIO 4.55% 2.1¢ hawsons iron ltd

Thought I'll share what I've been plotting in the background.I...

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    Thought I'll share what I've been plotting in the background.

    https://hotcopper.com.au/data/attachments/4658/4658977-dcbafd97b5d9fe26def55841cd3fefb3.jpg
    I took the starting point of the FIB retracement on the day we had a massive sell off. According to this, we are currently at FIB 50. We have major resistance here. My MFI is using a length of 60 days and its approaching the 50 line. RSI based on the previous highs has room to grow and it currently at 70.
 
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