Verus International Inc (VRUS)

[Coachshot99]

The B right now is .018. The C is .0112. I believe it did a little more than a 50% retracement. The 50 was at .0115 if I’m not mistaken. The 38 was at .0133. I didn’t think it would hit the 62 (.0105ish) so I set my buys just above the 50 at .0121

All you need to do is google Tom OBrien and Fibonacci charts and you will get the math you need to calculate the D.

If I post the range for the D, we might get a fire sale at that level and that would not be good. If you are serious about learning fibs, look it up. It’s easy math.

The risk with this one is it tends to go parabolic and you don’t wanna sell too soon and miss a monster run.

So I tend to trim in the way down. Nowhere near the top but way above the 50. This one has never been able to hold the 38 and I think that trend will continue especially in the OTC where people are typically in and out. Even when they tell you they are long. Most are full of crap.

At least I’m telling you what I’m doing. I’m playing the chart to increase my holding because I think this just might be a long term beast. And the chart is as perfect as you will find in the OTC.