CNP 0.00% 4.0¢ cnpr group

fib ratio

  1. 1,534 Posts.
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    From 52 down to 24 is too much oversold. Chart is low enough, should see a steadly uptrend. Dow pick up, hold > 4200, that is good for CNP recover. Test Fib expansion

    Fibonacci Calculator
    High 52 Low: 24
    Expansion
    23.6% = 30.5 done
    38.2% = 34.5 done today
    50.0% = 38 will be shortly
    61.8% = 41 can be
    78.6% = 46 maybe (if DOW cont. up)
    100.0% = 52??

    Picked up a few at 30/30.5 (after missed out at 24/25). Hope I am right.

 
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