ELE 0.00% 0.5¢ elmore ltd

Hi Mickloff. That M shape that has formed from Sep/Oct is...

  1. 161 Posts.
    Hi Mickloff.

    That M shape that has formed from Sep/Oct is considered a textbook indication of a downward turn.

    IF it were to happen, then it would meet it's main support at the .02 / .021 mark where it started.

    It is possible that it might briefly push through to .018 as there is some historical support there, but I think chances are slim. (I must divulge that I do have a buy in at this point just in case).

    Charting is charting however, and NSL is NSL so my ramblings are reliable as the lady across the street who finds her investment advice at the bottom of your last cup of Bushells

    I have a lot of faith in this company however, and even though I am just a small investor, I see every dip like this as an opportunity to grab a few more for my nest egg.
 
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