CNP 0.00% 4.0¢ cnpr group

SQtrades, mid october , and FIB 50 is exactly that, the...

  1. 343 Posts.
    SQtrades, mid october , and FIB 50 is exactly that, the fibonacci from its run at around 9c when all the money started coming in, to the closing price of its last major run 37.5c . You then run the support line up and find where it intersects the 50% fib, that gives you a good estimate of when price and time will meet. Hence 24c mid to late oct.

    Im sort of guessing thats how Selmax worked out 38c as a resistance level, which stands to reason!

    Remember Fibonacci, it's all about the rabbits. ..

    The next challenge is to break the downtrend started in early Oct .


    Don't follow me i'm going fishing , and other catchy slogans. !!
 
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