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Re: weeblewobble09 post# 36893

Thursday, 10/30/2014 3:53:21 PM

Thursday, October 30, 2014 3:53:21 PM

Post# of 53702
Fibonacci retracement, if you use 4 cents as the base:

38.2% is 11 cents

50% is 9.5 cents

I don't expect it to go much below 11 cents, especially with what should be a fantastic 3rd quarter eaenings report on November 15.

Prices generally rise before the announcement, especially if the market is looking for a good number. I think that limits the correction of the previous rallies.

Andy
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