Replies to post #37692 on LIG Assets Inc (LIGA)

[j45]

there was nowhere near a 38.2% move. So what are you saying?

[paulbuck86]

Another view at the 38.2% retracement against Support 2.
Support 1 = 0.01 // Support 2 = 0.007

I've added the volume markers vertically so you can visually see where the support and resistance is on the chart. This will help you discern next time you go to call me a liar.

Fibonacci Retracement is a ratio to find reversals in a price. This uses supports and resistance against highs and lows shown below. We should expect to see a reversal Monday. If not the downtrend may continue.