Replies to post #5682 on $STOCK UNDERGROUND$

[ALiVE]

me too FT ~

in my experience after a major move ~

if the consolidation occurs between the 38.2 and 50 fibs lines on the retrace ~

then the following move will break the previous high

if the consolidation occurs at the 61.8 then the following move will make an attempt at the previous high

if the 61.8 is breached on the retrace then the play is 'over' for the near term

of course ~ news, filings, promos, etc trump TA but these have been good guidelines to follow for me