reversal due?

  1. 873 Posts.
    For anyone following Novus,

    NVS appears to be approaching a 61.8% fib retracement at $1.20-$1.21. There should be a bounce off this level and a short term upward reversal quite soon I think. However if $1.20 is broken then I suppose a further decline toward $1.00 is on the cards.

    Any opinions welcome..




 
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