thanks Billy
I have never considered Fib extensions as a viable 'forecasting' method but then again if it works for you and others then it works.
Interesting that you use closing prices as your absolute rather than high and lows for the day.
Variance would be miniscule in this case anyway.
Can I ask why you would choose the high and lows on January as a base for your analysis?
I am try to get my head around the relevance?
Because the month of January has a certain high and low figure why should this impact on the future share price and more than any other period?
Not trying to a smart alec but interested in the theory
cheers
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