MRE
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0.25% $1.98 metrics real estate multi-strategy fund

XAO hit a double top at 3700, that is enough for a big wave. MRE...

  1. nana
    1,534 Posts.
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    07/04/09
    12:21
    Post #: 4990348
    XAO hit a double top at 3700, that is enough for a big wave. MRE was pumped too much that may drop much further. Test Fib ratio for retracement levels:

    High: 78.5c Low: 26c

    Retracement
    23.6% = 66c
    38.2% = 58.5c
    50.0% = 52c
    61.8% = 46c
    78.6% = 37c

    If XAO fall further, MRE may hit 40c to form a treble bottom. Too much pump and dump. Wait and see.
    I maybe wrong. Pls DYOR, good luck.
    MRE Price at posting: 52.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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