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Re: Shark Attack post# 889

Thursday, 04/03/2014 7:25:24 PM

Thursday, April 03, 2014 7:25:24 PM

Post# of 35275
From my understanding Fibonacci technicals has has an A to B run...The A is the price at the beginning of the run and the B is where the top runs stops and stays below for a period Of three days or longer... it then retraces either 38%, 50%, or 61.8% ... So assuming A is .147 and B is .677 then the 61.8% retracement is approximately .34 ... if the stock can hold this level it sets up another run which they call the C to D leg... I have to get back to work at the moment… I will try to post later tonight the technicals on the run from C to D