DEWM Security Details Share Structure Market Value1................$6,047,480 a/o Mar 07, 2022 Authorized Shares..20,000,000,000 a/o Mar 03, 2022 Outstanding Shares..6,719,422,696 a/o Mar 03, 2022 Restricted............Not Available Unrestricted..........Not Available Float.........................2,426,163,513 a/o Nov 23, 2019 Par Value 0.001
Authorized Shares, has No Bearing on the price.
The Shares Authorized, is not used in any fundamental of financial calculation, to determine company 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.