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SXX

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13 years 1 month ago #4146 by diver993
Replied by diver993 on topic SXX
screencast.com/t/ztOi0H8KGgP




Please bear in mind I know precisely nothing about this company. I'd never even looked at the chart until this morning. But I find it very interesting in that it repeats: it loves the 78.6% fib for retracing - been there on the last two occasions, and to 88.6% the time before that. The subsequent swings up have hit the 138.2% fib and the 150% fib. If this pattern continues into the seventh swing the 138.2 fib is at 55.56, and the 150% fib is at 59.22. Of course, there is no guarantee it will continue. Indeed, if this is the last swing up in the current pattern - it's taking it's time by comparison - then it will run out of steam between 100 and 123%, or 43.7 - 51p

All probably 'pie-in-the-sky' so take with a 'pinch of salt' :)
The following user(s) said Thank You: Tradesmarter, annes goal, Bunkerjo

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