WOR 1.29% $14.17 worley limited

50 US is the pull back to support that the Market had to have to...

  1. 7,114 Posts.
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    50 US is the pull back to support that the Market had to have to shake out all those that still think markets only go one way.

    The fact is that markets run both ways,

    Too far too fast = Pullback , then fart around until everyone thinks its going down, then run up again.

    IMO the 50 Support was always going to happen before the snap run to 100.

    Probably a run up to 90 then pullback to 75 and then to 100 and then crash again.

    The Average price will be about 60-65

    But the Dips and peaks will be both sides of that by 25 each way.

    Look at what IO did, its pulling back now but will be at 100 someday.
 
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