d.nico said:
let's see your calculation:
highest price 2.465
lowest price 1.11
lost 55% not 45% like in your calculation.
highest price 2.465
now 1.92
lost 22.11%
means we still lost more than 20%.
my questions are:
1. from where did you get (2.2465-1.92=0.3265)
2. can you explain between:
and this
with your calculation above.
highest price 2.465
lowest price 1.11
lost 55% not 45% like in your calculation.
highest price 2.465
now 1.92
lost 22.11%
means we still lost more than 20%.
my questions are:
1. from where did you get (2.2465-1.92=0.3265)
2. can you explain between:
and this
with your calculation above.
its an easy one
2- the present lost
1.92X100/2.465=78%
thats mean you are right in the fact that the price is 22% away from its previous high and not the fair value which should be equal to 10-20 PE ratio which is 2 Euros (roughly)
3-1.92 was the closing price when we start debating
2.465 again its the highest high over 52weeks which usually remain as a future target if the price went up again , this point is known as a resistant point in technical analysis which is forming a challenge point for the price to break it.
So we have a closing price which is 1.92 and a highest high over 52 weeks which is 2.465 , now use the tow figures to know how far is the price from its previous high which will remain the target as we mentioned above until breakthrough to take place which will give us a new high later on (hope so)
got it?
