Hiru Corporation (HIRU)

[QuantumTravesty]

Not sure if there’s a pullback corollary based on the size of the move up. Fibonacci Retracement percentages may just be where traders set algos to buy or alerts to go back in after an overbought bull move higher.
There’s hundreds of t/a tools/theories and they surely work better on big board stocks vs. bloated micro-cap sub penny stocks when you figure out which ones the markets are using to control the buying and selling. I just highlighted this one because it most directly applies to the free fall Hiru is experiencing.
Today’s low was around the 78.6% giveback and the close was at the 50% level.

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