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Re: Cap'n Cook post# 43842

Thursday, 10/23/2014 4:09:54 PM

Thursday, October 23, 2014 4:09:54 PM

Post# of 47295
FIBs bounces are always possible in free trading stocks.


FIBs Rule of Thumb;
If bounce comes from 38% retracement expect previous high taken out, if from 50% expect previous high, from 68% expect 50% FIBs reached and from below 68% price should pop to 38% line.

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