Replies to post #169665 on Verus International Inc (VRUS)

[Cash1972]

Sorry, I don' t like patterns, I prefer numbers.

So I ask Yoy, based on pattern where is VRUS headed ?

I' m personally expecting a big jump when 2q figures will be out but in this board many are of negative sentiment, altought based on negative sebtiment alone.

[price_and_volume]

Off-Topic spam: whats the point?

A dozen NON-vrus charts with no FIB lines drawn or any EW wave count provided...

If you have a point, please make it: where is VRUS in EW-wave terms?

Draw your FIB lines on a VRUS chart.

Otherwise its just another meaningless spam post that takes up huge screen-space

[trader53]

VRUS 0.0022 - Targets $0.014 / $0.018

https://www.otcmarkets.com/stock/VRUS/security


How Targets are Calculated

Fibonacci Numbers and Retrace Targets: Explained




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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


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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.

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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.

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Buy after an Elliott Wave 5-Wave Decline










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Buy after an Elliott Wave 5-Wave Decline







Live! Chart





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Buy after an Elliott Wave 5-Wave Decline







Live! Charts




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Buy after an Elliott Wave 5-Wave Decline







Live! Charts




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