Replies to Post #7944 onWest Coast Ventures Group Corp (fka WCVC)

Replies to post #7944 on West Coast Ventures Group Corp (fka WCVC)

Replies to #7944 on West Coast Ventures Group Corp (fka WCVC)

02/24/21 6:41 AM

#7946 RE: trader53 #7944

Good morning T53. I think the otc bleed is just about over. People will start buying back in to everything as the week closes. Time to get back to green

trader53

02/25/21 2:44 AM

#8037 RE: trader53 #7944

WCVC 0.0032 - Targets 0.0061 / $0.014

Targets 0.0053 / 0.0061 / $0.014

http://www.allotcbb.com/quote.php?symbol=WCVC

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

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