If you are going by what the retracement levels are from a low of 7.30, the 50% retraceent is 9.00 spot on and the 60% is 8.65. Weighing that against the good news or for when the hype dies down, like this guy says it's good stuff to hold for a while like 6 months.
Z1P - What will be the bottom before the bounce., page-17
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Open | High | Low | Value | Volume |
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8 | 230724 | 1.675 |
17 | 78868 | 1.670 |
7 | 33783 | 1.665 |
14 | 218220 | 1.660 |
Price($) | Vol. | No. |
---|---|---|
1.685 | 11028 | 4 |
1.690 | 16951 | 3 |
1.695 | 70992 | 1 |
1.700 | 102897 | 5 |
1.705 | 91992 | 3 |
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