WKT 3.90% 37.0¢ walkabout resources ltd

Max, you seem to be struggling with the application of Fibonacci...

  1. 107 Posts.
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    Max, you seem to be struggling with the application of Fibonacci .... let me help you.
    It does work more accurately over a longer time frame period.

    Educating the masses by using Fib on an hourly chart in forecasting price direction is very mischievous of you.
    With an avg 680k shares per day traded over the last 250 days ( 12 mths ) and only 40 days topping 1 mill, WKT is not what you say a very liquid stock and using a short time frame chart to prove a point is not being very accurate.

    After all you have stated you intend to re enter at some stage ( presumably to make a good profit ) and using a 60 minute chart ?????

    One wonders if there is a hidden agenda !!!
    Last edited by pusskat: 01/05/19
 
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