Replies to Post #35937 onTPT Global Tech Inc (TPTW)

Replies to #35937 on TPT Global Tech Inc (TPTW)

Carjockey2

06/02/20 1:20 PM

#35942 RE: trader53 #35937

Oh my..

Say it ain't so..

<<<TPTW $0.021 - Targets $0.045 / $0.090

trader53

06/03/20 5:39 AM

#36717 RE: trader53 #35937

TPTW $0.0298 - Targets $0.045 / $0.09 / $0.12

How Targets are Calculated

Fibonacci Numbers and Retrace Targets: Explained

________________________________________________________________

Fibonacci Numbers

http://www.stockta.com/cgi-bin/school.pl?page=fib

Fibonacci Retracements

* Golden 61.8% Retracements

* Moderate 38.2% Retracements

* Common 38.2% Retracements

Fibonacci Retracements

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:fibonacci_retracemen

________________________________________________________________

Fibonacci Numbers
are commonly used in Technical Analysis
with or without a knowledge of Elliot Wave Analysis
to determine potential support, resistance,
and price objectives.

The most popular Fibonacci Retracements are
61.8% and 38.2%

61.8% retracements
imply a new trend is establishing itself.

38.2% retracements
usually imply that the prior trend will continue

38.2% retracements
are considered natural retracements in a healthy trend.

Fibonacci Retracements
can be applied after a decline
to forecast the length of a counter-trend bounce.

________________________________________________________________

The 50% retracement is not based on a Fibonacci number.
Instead, this number stems from Dow Theory's assertion
that the Averages often retrace half their prior move.

50% retracement
implies indecision.

________________________________________________________________