KEY 0.00% 0.1¢ key petroleum limited

not much hope, page-29

  1. 1,534 Posts.
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    My post on 10/06/09 16:54 was :

    "Today I was out again (@ 19.5) to keep profit better. All lines (RSI, CMO, RMI, etc) of chart start falling. From 10.5 up to 21 is double, TOO MUCH. Test retracement for KEY.

    Fibonacci Calculator
    High: 21 Low: 10.5
    Retracement
    23.6% = 18.5
    38.2% = 17
    50.0% = 15.5
    61.8% = 14.5
    78.6% = 12.5
    100.0% = 10.5"
    ____________________

    Fib/chart has done right thing for me and/or others who also got out around 19.5/20.

    Chimera is right when wrote this: "To me this is a clear signal Tanzania/Italy are not hapenning".

    If no good news and cant hold at 11 then my target around 8/9c can be met (supporting at 8.5). WSS is idle and may not happen at all, that will slowly knock sp down more as my above post (26/6). IMO, with small project and little production, KEY will be idle as ERH,INP. I still sit far away, waiting for <10c.

    This is my GUESS (base on chart)only. It can be WRONG, DYOR, GOOD LUCK.

 
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