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"Eurocontrol Technics Group Inc is a Canada-based company involved in acquisition, development, and commercialization of security, authentication, verification and certification markets. The company through its subsidiaries is engaged in designing, manufacturing, marketing of energy-dispersive X-ray fluorescence (ED-XRF) systems, and developing technology and property that combines two... see more

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Eurocontrol Technics Ord > 50% Fibonacci retrace

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Post by bullchart on Jun 18, 2015 3:39pm

50% Fibonacci retrace

Have a look at where your 50% Fibonacci retrace is.

Sitting between 10 1/2 cents and 11 1/2 cents. Exactly where we have pulled back to so far. The crowd has moved on to some of the big movers today. AAO and ICZ but they will be back i'm sure.

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Comment by ezemoney on Jun 18, 2015 4:33pm

50% is not a Fib. retracement ratio, 61% is the closest so a little way to go yet.

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Comment by bullchart on Jun 19, 2015 1:01pm

Ezemoney.. yes... Many traders use 50% with the 23.6, 38.2 , and 61.8% fibonacci. Stockwatch has the 50% in their fibonacci indicators. "Way to go yet" .. Not really. If you take from May 21 after the gap up and extend to the high of 17.5 cents ,, You will see that the 61.8% retracement lands .105 and .115. Exactly where we are at the moment. Should you take ...more

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