Sunday, August 06, 2017 2:48:54 AM
Usually when I see the price fall below a gap window, I look for a 1.618 extension to hit then a bounce of some sort. Didn't quite make that one yet either.
Or on a trend continuation play, I look for a bounce off the fib .786 retracement, which did hit
Watching LABD
This is a good example of price going past the gap window and hitting the fib 1.618 extension
Keep thinking that IBB should put in one more spike up (even a little one) still.
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