INAR Security Details Share Structure Market Value1................$7,308,608 a/o May 27, 2021 Authorized Shares...19,990,000,000 a/o May 27, 2021 Outstanding Shares...7,693,271,060 a/o May 27, 2021 Restricted...................2,748,086,083 a/o May 27, 2021 Unrestricted................4,945,184,977 a/o May 27, 2021 Held at DTC................4,149,415,767 a/o May 27, 2021 Float...............................167,638,032 a/o Dec 31, 2011 No 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.