I agree, that the bounce did not play out as expected. Currently sitting on 61.8% fib retrace level which is 51.5cents. This is also a short term support resistance level. Needs to hold this level.
May be of interest for people looking to get in short term on a bounce off the fib retrace and support level.
Thanks alpha for the fundamental notes. Appreciated it. Will be interesting to see the price movement once announcement is made.
cheers Ange
MCW Price at posting:
51.5¢ Sentiment: None Disclosure: Not Held