sometimes I think this thread gets a little misunderstood. I currently hold 4 stocks. In selecting them I used 2 MA combos (50/200 day sma and 41/195 ema), fib lines for price, stochastic oscillator and chart patterns.....no fancy time cycles or anything like that.......
........but don't you find it fascinating that decades after a major event fibonacci time cycles can pick another event to the very day ?? And within that time frame there wheels within wheels of fibonacci. The relationships aren't always obvious but they are there if you dig......
......Why does modern man strive to learn more about acient civilizations or distant planets because it isn't going to make him any money today, is it ?? But like digging for the little fibonacci gems hidden in the stock charts we can learn a little bit more about our universe ....and learning about our universe seems to be something man is compelled to do.
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Last
8,618.3 |
Change
56.500(0.66%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,561.8 | 8,629.8 | 8,561.8 |
| XJO (ASX) Chart |