We just had a retrace from $18 to 12.xx What is a fib number for a retrace? 11.27 would be a 38.2% retrace from $0.38 My guess is a retrace would be measured from some other level... Probably good support at $12.25 if that is where institutions feel it is worth buying millions of shares... Longer term, higher. Short term buy or sell I have in my newsletter before I post here for obvious reasons.