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crashman111
Dec 8, 2017 6:49 AM
$CLQ sold off with record cobalt prices
Short
ASX:CLQ
1D
Description
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Dec 8, 2017 6:49 AM
see annotations
Trend Analysis
Head and Shoulders
Comments
morganman
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Dec 8, 2017 8:37 AM
Hey crash. Where did you read/find out about the natural reaction to a head and shoulder failure, to retrace back to the 50% fib?
crashman111
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Dec 8, 2017 8:39 AM
@morganman
, H&S target lines up with 61.8% fib level.. typical retracement is 38-61% levels.. its just confluence atm
morganman
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Dec 8, 2017 8:42 AM
@crashman111
, makes sense. Much obliged mate.
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