re: Sick Poof,sEbet 13 to 16c For instance to give an example...

re: Sick Poof,sEbet 13 to 16c For instance to give an example (the current hoo hah maybe related to EBT (I don't know)----one analysis is cocopops verses bananas are having a war with each other. (thats the BB)
My analysis is fibbonaci retracement 16.8c strong support exists in the 16 to 17c range---distribution from Eglobal must be nearing an end.
My analysis would be max drop 13c--so if you are buying at 16c---you would allow a margin for safety---or stop loss if you like (whatever) of 3c.
Further with a time view it is my analysis that at some point in the future you would get a profit.
What all the cocopops verses bananas is all about I have no idea---and I don't wish to know.
Cheers,--Steve.