TSXV:POI.H - Post by User
Comment by
fredskion Aug 31, 2015 8:36pm
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Post# 24066949
RE:RE:Next FIB @.60
RE:RE:Next FIB @.60Hi,
Fibonnacci retracements. Stocks move in waves as you have noticed. We have just finished a long downtrend as per the blue line here. Now that we have broken out of that downtrend we go up but the question remains : up where or until when?
Fibonnacci calculates probable levels and are color coded in the chart. Next level is .60
Good luck with your trading