MRNJ - Retrace (Bounce) Levels Retracements can be applied after a decline to forecast the length of a counter trend bounce. These retracements can be combined with other indicators and price patterns to create an overall strategy. Retracements are based on the prior move. A bounce is expected to retrace a portion of the prior decline. Four common retracements: > 61.8% > 50% > 38.2% > 23.6% Fibonacci Numbers http://www.stockta.com/cgi-bin/school.pl?page=fib Fibonacci Retracements * Common Retracements * Moderate Retracements * Golden Retracements http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:fibonacci_retracemen Fibonacci Retracements http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77145842 Fibonacci Retracement levels http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86416075 http://stockcharts.com/school/data/media/chart_school/chart_analysis/fibonacci_retracemen/fibo-2-mmmretra.png MRNJ 0.0003 - Targets 0.0006 / 0.0007 / 0.001 http://www.thehotpennystocks.com/Stock-Quotes/?stock=MRNJ http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123385838 https://www.stockscores.com/chart.asp?TickerSymbol=MRNJ&TimeRange=90&Interval=d&Volume=1&ChartType=OHLC&Stockscores=1&ChartWidth=830&ChartHeight=500&LogScale=None&Band=None&avgType1=SMA&movAvg1=8&avgType2=SMA&movAvg2=34&Indicator1=RSI&Indicator2=PPO&Indicator3=AccDist&Indicator4=MFI&endDate=&CompareWith=&entryPrice=&stopLossPrice=