Tuesday, August 20, 2019 6:51:55 PM
CDIX - How Targets are Calculated
How Targets are Calculated
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
Fibonacci Retracements
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:fibonacci_retracemen
________________________________________________________________
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.
________________________________________________________________
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.
________________________________________________________________
________________________________________________________________
Buy after an Elliott Wave 5-Wave Decline
_________________________________________________________________
________________________________________________________________
Buy after an Elliott Wave 5-Wave Decline
Live! Charts
________________________________________________________________
Buy after an Elliott Wave 5-Wave Decline
Live! Charts
________________________________________________________________
Recent CDIX News
- Form 8-K - Current report • Edgar (US Regulatory) • 01/04/2024 01:50:17 PM
- Form DEFR14C - Revised information statement materials, definitive • Edgar (US Regulatory) • 11/29/2023 03:18:50 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 11/16/2023 09:11:50 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/16/2023 07:06:22 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2023 05:29:20 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/25/2023 07:05:06 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/05/2023 07:56:42 PM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM