American Fusion Inc (AMFN)

[trader53]

RNWF - Fibonacci Retrace Targets

Fibonacci Numbers
http://www.stockta.com/cgi-bin/school.pl?page=fib

Fibonacci Retracements

* Common Retracements
* Moderate Retracements
* Golden Retracements

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:fibonacci_retracemen

Fibonacci Retracements
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77145842

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Fibonacci Numbers
are commonly used in Technical Analysis
with or without a knowledge of Elliot Wave Analysis
to determine potential support, resistance,
and price objectives.

The most popular Fibonacci Retracements are
61.8% and 38.2%


61.8% retracements
imply a new trend is establishing itself.

38.2% retracements
usually imply that the prior trend will continue

38.2% retracements
are considered natural retracements in a healthy trend.

Fibonacci Retracements
can be applied after a decline
to forecast the length of a counter-trend bounce.

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The 50% retracement is not based on a Fibonacci number.
Instead, this number stems from Dow Theory's assertion
that the Averages often retrace half their prior move.

50% retracement
implies indecision.

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Buy after an Elliott Wave 5-Wave Decline
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RNWF - Targets 0.0060 / 0.0070

http://www.otcmarkets.com/stock/RNWF/profile
http://www.allotcbb.com/quote.php?symbol=RNWF
https://www.barchart.com/stocks/quotes/RNWF/overview

BuyIns.Net Alerts
http://www.buyins.net/tools/symbol_stats.php?sym=RNWF

https://www.stockscores.com/charts/charts/?ticker=RNWF
http://www.investorpoint.com/stock/RNWF-RENEWAL+FUELS+INC/price-history/
http://otcshortreport.com/company/RNWF
https://www.interactivebrokers.com/en/index.php?key=RNWF&cntry=usa&tag=United+States&ib_entity=llc&ln=&asset=&f=4587&conf=am&amref=1

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