Replies to post #82982 on Triple 000 and Sub-penny Chart Plays

[trader53]

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[trader53]

ISBG - HPTG - 50% Retracement

Chart Comparison

* From 0.03 to 0.0007 - then back to Pennies

Fibonacci retracement levels
apply to a bounce, or corrective advance,
after a decline.

Once a bounce begins,
chartists can identify specific Fibonacci retracement levels
for monitoring.

As the correction approaches these retracements,
chartists should become more alert
for a potential bearish reversal.

Chart shows 3M (MMM) retracing around 50% of its prior decline.
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:fibonacci_retracemen

Elliott Wave Basics
http://stockcharts.com/help/doku.php?id=chart_school:market_analysis:elliott_wave_theory






http://stockcharts.com/h-sc/ui?s=ISBG&p=W&yr=5&mn=0&dy=0&id=p30480681694

http://stockcharts.com/h-sc/ui?s=HPTG&p=D&yr=1&mn=6&dy=0&id=p95312709209