GFTX Security Details Share Structure Market Value1..........$1,126,116 a/o Aug 27, 2020 Authorized Shares....2,500,000,000 a/o Aug 27, 2020 Outstanding Shares...1,251,239,584 a/o Aug 27, 2020 -Restricted..................16,802,550 a/o Aug 27, 2020 -Unrestricted.............1,234,437,034 a/o Aug 27, 2020 Held at DTC...............1,233,430,438 a/o Aug 27, 2020 Float..............2,329,960 a/o Apr 18, 2019 Par Value
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 FibonacciRetracements 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.