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Fibs measure stock...

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LAmerica Member Level  Thursday, 02/06/14 12:21:17 AM
Re: investor0464 post# 58008
Post # of 95587 
Fibs measure stock...

Health. They can be used to make sure a stock isn't starting to catch a virus.

And they are also good for adding to a position at nice entry points.

Keep in mind with profit taking also, many do that also holding a decent percentage as perma long, as long as support areas aren't broken. Fibs help with those parameters.

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