Home > Boards > US OTC > Cannabis > 4Cable TV International Inc (CATV)
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Sunday, January 20, 2019 3:28:21 PM

Re: trader53 post# 9632

Post# of 20237
CATV - Can reach 0.0050 / $0.01 Targets


* Based on $0.02 / $0.03 Price Pivots

CATV - Can reach 0.0050 / $0.01 Retracements




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https://www.stockscores.com/charts/charts/?ticker=CATV













Fibonacci Numbers and Retrace Targets: Explained





Fibonacci Numbers

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

Fibonacci Retracements

* Golden 61.8% Retracements

* Moderate 38.2% Retracements

* Common 38.2% 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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