Replies to post #34158 on Blum Holdings Inc (BLMH)

[thedeafinvestor]

it broke 38%, on its way to 50% retrace. So when you see a strong leg in the lower 90s or high 80s, thats a support and will probably be the best time to buy.

[Recentiy03]

It can be a good signal.


Uptrend
High (b)
Low (a)
Custom (c)
Calculate
Retracements
0% (b) 1.42
23.6% 1.2029
38.2% 1.0686
50% 0.96
61.8% 0.8514
76.4% 0.7171
100% (a) 0.5
138.2% 0.1486

http://www.investing.com/forex-tools/fibonacci-calculator