Was wondering if $1.25 would hold, the close on the support Friday was ominious. I was tempted to buy the open but was elsewhere (thatnkyou G*d, LOL!!!)
The Fib pattern is not random, it sits in a larger set going back aways. Chartists can use the set coordinates to establish for themselves the reason for it being here.
I wouldn't be surprised to see an ultimate low around $1.01 but the reason for the bounce at $1.13 can be seen?
Cheers,
ION Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
