we need to hold above the 0.10$, to break the resistant at 0.12$, and have another pump towards 3 profit taking . the bottom price if we didn't hold the 0.10$ support is above the 0.08$+.
@letuandungvn, yeah cause we got near our first profit and resistant the 0.15$, and we already pumped over 100%, so many profit taking was triggered add to that the short are shorting .
Jamesvs0127
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Do you think it is going below a penny ?
drindrin
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At least it's back in the channel/over support. MA200 has held oil for now, perhaps it will drop lower later. When it starts to grow, would you expect CEI 1.618 on a linear or rather log scale?
TRADING-JESUS
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@drindrin, we have a strong bottom above the 0.08$, we might tested if we opened today below the 10 cent .
drindrin
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@TRADING-JESUS, My question wasn´t about today, tomorrow :)