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Endeavour Silver Corp. Message Board

  • quailrunrd quailrunrd Apr 16, 2013 2:18 PM Flag

    EXK down 61% from OCT 2011 peak

    Isn't there some sort of Fibonacci number telling us that EXK has fallen enough? We need a boost from somewhere. Can somebody "release the Kraken!"

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    • It's time to buy, as the fear is highest.

      So I just bought again.
      Added at 4.70 to my two plus year old 4.75 shares and my not very old ~$6 shares.

      the kracken may now be released

      Sentiment: Strong Buy

    • well fibonacci depends on what time frames you're using. if you're using the all time low to all time i believe the 61.8 fibonacvi is 5.36. so since that didn't hold the next level below is the 76.4 which is at 3.64. if you're only using the most recent time frames say 6.60 high and 4.85 low from today you get 4.18 as a 38.2 retracement and then 3.77 as a 61.8 retracement. fibonacci levels haven't been holding up lately so more looking for gold and silver to bottom.

 
EXK
2.80-0.22(-7.28%)Jan 28 4:02 PMEST

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