schwafty

Decision time for IOU

Long
ASX:IOU   IOUPAY LIMITED
I am leaning towards this bouncing higher off the 1hr trend,

If it does breakdown 0.618 (45.5c) fib looks like the next logical target, however the gap has already been filled previously so may not happen. Also, not sure if we'll get another significant opportunity to purchase below the CR price of 0.50c

Lets see how this plays out

IMO
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.