![](https://investorshub.advfn.com/uicon/155361.png?cb=1683281945)
Sunday, March 08, 2020 4:41:58 AM
How Targets are Calculated
Fibonacci Numbers and Retrace Targets: Explained
![](http://investorshub.advfn.com/uicon/155361.png?cb=636360310707230000)
________________________________________________________________
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.
________________________________________________________________
![](http://investorshub.advfn.com/uimage/uploads/2017/6/4/ikgjfFibonacci_Retracement_Illustration.png)
________________________________________________________________
Buy after an Elliott Wave 5-Wave Decline
________________________________________________________________
The Elliott Wave 5-Waves Sequence
A Basic "A,B,C Corrective Wave"
https://www.metatrader5.com/en/terminal/help/objects/elliott/elliott_theory
________________________________________________________________
![](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)
Elliott Wave Basics
http://www.acrotec.com/ewt.htm
Elliott Wave Theory
http://ta.mql4.com/elliott_wave_theory
Buy after an Elliott Wave,
5-Wave decline sequence !
A Basic "A,B,C Corrective Wave"
Buy, ONLY when the stocks price,
is trading under the Blue 8-day M.A.
when the Blue 8-day M.A. is under the Red 34-day M.A.
________________________________________________________________
![](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)
_________________________________________________________________
![](http://investorshub.advfn.com/uimage/uploads/2017/5/27/zjpwmPoint_of_Maximum_Financial_Opportunity.gif)
________________________________________________________________
![](http://investorshub.advfn.com/uimage/uploads/2017/6/4/ikgjfFibonacci_Retracement_Illustration.png)
Live! Charts
Buy, ONLY when the stocks price,
is trading under the Blue 8-day M.A.
when the Blue 8-day M.A. is under the Red 34-day M.A.
________________________________________________________________
![](http://investorshub.advfn.com/uimage/uploads/2017/6/4/ikgjfFibonacci_Retracement_Illustration.png)
Live! Charts
Buy, ONLY when the stocks price,
is trading under the Blue 8-day M.A.
when the Blue 8-day M.A. is under the Red 34-day M.A.
________________________________________________________________
![](http://investorshub.advfn.com/uimage/uploads/2017/6/4/ikgjfFibonacci_Retracement_Illustration.png)
Buy, ONLY when the stocks price,
is trading under the Blue 8-day M.A.
when the Blue 8-day M.A. is under the Red 34-day M.A.
________________________________________________________________
![](http://investorshub.advfn.com/uimage/uploads/2017/6/4/ikgjfFibonacci_Retracement_Illustration.png)
Buy, ONLY when the stocks price,
is trading under the Blue 8-day M.A.
when the Blue 8-day M.A. is under the Red 34-day M.A.
________________________________________________________________
![](http://investorshub.advfn.com/uimage/uploads/2017/6/4/ikgjfFibonacci_Retracement_Illustration.png)
Buy, ONLY when the stocks price,
is trading under the Blue 8-day M.A.
when the Blue 8-day M.A. is under the Red 34-day M.A.
________________________________________________________________
![](http://investorshub.advfn.com/uimage/uploads/2017/6/4/ikgjfFibonacci_Retracement_Illustration.png)
Buy, ONLY when the stocks price,
is trading under the Blue 8-day M.A.
when the Blue 8-day M.A. is under the Red 34-day M.A.
![](http://investorshub.advfn.com/uimage/uploads/2013/8/15/erfjyBig_Wave.jpg)
Recent WDLF News
- Form 15-12G/A - Securities registration termination [Section 12(g)]: [Amend] • Edgar (US Regulatory) • 06/06/2024 07:51:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/23/2024 10:26:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/09/2024 11:03:18 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/08/2024 01:57:58 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/02/2024 12:50:44 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/29/2023 02:00:10 PM
- Form D/A - Notice of Exempt Offering of Securities: [Amend] • Edgar (US Regulatory) • 12/08/2023 06:16:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/05/2023 05:41:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/01/2023 08:13:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/14/2023 10:05:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/20/2023 08:05:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/13/2023 08:52:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/10/2023 01:00:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/02/2023 01:00:32 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/22/2023 06:57:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/15/2023 09:25:13 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/21/2023 12:00:23 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 07/14/2023 08:57:47 PM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM