Replies to post #6677 on Strat Petroleum Ltd (SPRL)

[TraderRich]

rickj65: Fib Retracements...

Sorry for the late response.

Retracements first and then the associated price for the .01 - .03 retracement:

24% = .025
38% = .0224
50% = .02
62% = .0176
71% = .0159
79% = .0142

Today we basically bounced off the 71% retracement and are currently just above the 38% mark.

Current horizontal support levels at .015, .0175 and .02.

IMO

Aloha.

Rich