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Thursday, June 26, 2014 7:53:05 AM
So you think this will do a 100% retracement of the last run. The run was from $1.38 to $1.92. There's been no bad news or anything to justify a 100% back track. A Fib .618 retracement brings LIQD back to $1.58/$1.59 which seems most likely to me. Stranger things have happened though.
A 50% Fib retracement equates to $1.65 which was support yesterday. Will probably break below that at open.
A 50% Fib retracement equates to $1.65 which was support yesterday. Will probably break below that at open.
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