STX 9.52% 23.0¢ strike energy limited

STX Charts, page-389

  1. 618
    3,519 Posts.
    lightbulb Created with Sketch. 2509
    Yeah - that's the tricky aspect of Fibo. I've always used the very beginning of the entire upleg as the starting point (rightly or wrongly but it's served me pretty well)...

    https://hotcopper.com.au/data/attachments/5214/5214612-04f05e14580c85546a10214992a70bb6.jpg

    Will be interesting few days to see if the price will be able to hold with both RSI and MACD turning down. I must say there is actually quite a lot of technical support between 39 and 42 based on various different indicators.

    618
 
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