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12m mc, 3m cash, 400mt jorc!! 2bt target!!, page-65

  1. 6,294 Posts.
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    Angin, right now your horizontal support is at 35cents, but there is a gap at 30cents which may be filled. Below that you would be looking at 27.5cents in my opinion as a fibonacci retracement level. Shouldn't go any further lower than that price.

    Thing is, the volume over the past few days has been very light, so there isn't much selling going on. Whether or not this support at 35cents holds up all depends which side of the bed the market wakes up on.

    Maybe buy in small parcels at the various entry points (35cents) and see if you get lucky around the 28-30 cent mark?

    DYOR, no advice given, just guidance :)
 
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