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Re: OlivePennys post# 2244

Wednesday, 10/07/2015 4:05:59 PM

Wednesday, October 07, 2015 4:05:59 PM

Post# of 20580
Price went from .002 to .011, a gain of .009. Using fibonacci # (my favorite) of .7, that means a retracement (all other things being equal....meaning no news of import) of .063 from the high of .011. That would mean that .0037 (.011 - .063 = .0037) is the base from which the next leg up will start. Today we hit .0037. Let's see if we don't go up from here!