That is if the fall gathers momentum on the downside as speculators lock in profits and run for the exits then to hit the 61.8% fib retrace support on the latest Fib position is $0.41 cents . If a longer Fib is drawn the 61.8% fib support is near $0.34 .
Some statistics/traders/investors do like the Zone between 61.8% fib retrace and 78.4% fib retrace. B2
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- fibonacci retrace 61.8% sp fall to $0.41
fibonacci retrace 61.8% sp fall to $0.41
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