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Thursday, February 20, 2020 4:33:50 PM
How Targets are Calculated
Fibonacci Numbers and Retrace Targets: Explained
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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
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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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![](http://investorshub.advfn.com/uimage/uploads/2017/6/4/ikgjfFibonacci_Retracement_Illustration.png)
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Buy after an Elliott Wave 5-Wave Decline
![](http://investorshub.advfn.com/uimage/uploads/2017/2/16/vvrclElliott_Wave_Decline_8_Wave.png)
![](http://investorshub.advfn.com/uimage/uploads/2017/2/16/hgymrElliott_Wave_Chart.png)
![](http://investorshub.advfn.com/uimage/uploads/2018/1/20/dwhgpElliott_Wave_Cycle_Chart_with_Wave_labels.png)
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![](http://investorshub.advfn.com/uimage/uploads/2017/5/27/zjpwmPoint_of_Maximum_Financial_Opportunity.gif)
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Buy after an Elliott Wave 5-Wave Decline
![](http://investorshub.advfn.com/uimage/uploads/2017/6/4/ikgjfFibonacci_Retracement_Illustration.png)
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Postings by trader53 to Renewal Fuels, Inc
https://investorshub.advfn.com/boards/memberpoststoboard.aspx?userid=155361&boardid=5629
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Alerted
Sunday, 08/04/19
RNWF 0.0002
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150315927
Alerted
Thursday, 01/17/19
RNWF 0.0002
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146164324
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Live! Charts
![](http://investorshub.advfn.com/uimage/uploads/2017/2/16/hgymrElliott_Wave_Chart.png)
![](http://investorshub.advfn.com/uimage/uploads/2017/6/4/ikgjfFibonacci_Retracement_Illustration.png)
![](http://investorshub.advfn.com/uimage/uploads/2017/2/16/hgymrElliott_Wave_Chart.png)
![](http://investorshub.advfn.com/uimage/uploads/2017/6/4/ikgjfFibonacci_Retracement_Illustration.png)
![](http://investorshub.advfn.com/uimage/uploads/2017/2/16/hgymrElliott_Wave_Chart.png)
![](http://investorshub.advfn.com/uimage/uploads/2017/6/4/ikgjfFibonacci_Retracement_Illustration.png)
![](http://investorshub.advfn.com/uimage/uploads/2017/2/16/hgymrElliott_Wave_Chart.png)
![](http://investorshub.advfn.com/uimage/uploads/2017/6/4/ikgjfFibonacci_Retracement_Illustration.png)
![](http://investorshub.advfn.com/uimage/uploads/2017/2/16/hgymrElliott_Wave_Chart.png)
![](http://investorshub.advfn.com/uimage/uploads/2017/6/4/ikgjfFibonacci_Retracement_Illustration.png)
![](http://investorshub.advfn.com/uimage/uploads/2017/2/16/hgymrElliott_Wave_Chart.png)
![](http://investorshub.advfn.com/uimage/uploads/2017/6/4/ikgjfFibonacci_Retracement_Illustration.png)
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