Hiru Corporation (HIRU)

[QuantumTravesty]

One could hope for a 50% Fibonacci Retracement on $0.002 to $0.004 move. $0.002 gain equals “100%” and a 50% retracement of $0.001 gives you a $0.003 support. Possible but questionable when you’re dealing with 1.94 billion sloshing around.

Each level is associated with a percentage. The percentage is how much of a prior move the price has retraced. The Fibonacci retracement levels are 23.6%, 38.2%, 61.8%, and 78.6%. While not officially a Fibonacci ratio, 50% is also used.