black candle again, page-10

Thanks to all for your responses.

Look at my post yesterday on FMS:

"This morning, instead of FMS I picked some CNX @ 26.5 and 27c (retraced nearly100% between H 43/low 25!) and sold a half for profit, just in case tomorrow ........."
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I sold the rest of my CNX this morning. Test Fib# with CNX

High: $0.43 Low: $0.25

Retracement
23.6% = $0.39 (done)
38.2% = $0.36 (done)
50.0% = $0.34 (done)
61.8% = $0.32 (done)
78.6% = $0.29 (done)
100.0% = $0.25 ( nearly done)
Dropped to 26c, nearly 100% retracement. That is why I picked up some @ 26.5/27 as above).

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Test Expansion

High: $0.43 Low: $0.26

23.6% = $0.30 (done)
38.2% = $0.32 (done yesterday)
50.0% = $0.35 (done)
61.8% = $0.37 (done
78.6% = $0.39
100.0% = $0.43
This morning it hit 37c = 0,618 Fib#!!! That is why I sold the rest at 36/35 to get out)


WilliamShanShan, and some others may NOT like charts/Fib. But it is OK, because it helps and works for me.
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Cjs, thanks. Are you doing well with this website??

http://www.fibonacci-retracements.com/fibonacci-calculator.php


Godskitchen, I did post Fib on the way up, but instead of using Fib to sell, you and some others keep turn Fib away! Use the above website site and test with FMS and few other stocks (CNX, GDY and so on)

Good luck