RAP 0.00% 20.5¢ raptor resources limited

rap chart, page-2040

Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #
  1. Dhm
    2,388 Posts.
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    For chartists: with the move from 19c to 41.5c, which way do you interpret the 61.8%? is it 33c or is it 24.5c? I thought that in an uptrend you retrace 61.8% of the move up, which is 24.5c, but as @rallyman shows on his chart (and I am most appreciative of it, thank you) it is 61.8% of the total value of the move, i.e. 33c. I am totally confused. @FullMoonFever do you have an opinion? I like the 33c option far more than 24.5c. Onward and upward!!
 
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