Replies to post #18597 on High Performance Beverages Comp. (TBEV)

[duelittle2]

I set the Upper Fib @ the Highest "Closing" pps....which was 0.013 ..fwiw ... So taking that as the 100% mark ...

161.8% = ~0.021 pps

261.8% = ~0.034 pps

423.6% = ~0.055 pps

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Definition of 'Fibonacci Extensions'


Levels used in Fibonacci retracement to forecast areas of support or resistance. Extensions consist of all levels drawn beyond the standard 100% level and are used by many traders to determine areas where they will wish to take profits. The most popular extension levels are 161.8%, 261.8% and 423.6%.



http://www.investopedia.com/terms/f/fibonacciextensions.asp