tech spin big grin, page-4

I have done some Fib analyses.

It is based on primary, secondary and tertiary waves up that we have experienced recently with EER and includes retracements to 100% and extensions to 300%.

You can see on the primary an increase of 50% puts us just over 101.5 while on the tertiary an increase of 100% puts us at 103 (Secondary a 61.8% increase puts us at 98.1)

Yes it is a bit of a blue sky analysis but it may help you determine upside resistance /support points that I anticipate. Where they tend coalesce together like we see with the $1 area (with key ratios, 50%, 61.8% and 100%) they tend to be more reliable. Once I had done the analyses I was not surpirsed to see it play out like this.

Hope you can 'see' my thinking.
Cheers


Fib calculator
Primary
Low 19.0
High 74.0
Support 1 58.0
Support 2 44.0
Resistance 1 75.0
Resistance 2 100.0

300.0% 239.0
261.8% 218.0
250.0% 211.5
238.2% 205.0
200.0% 184.0
161.8% 163.0
150.0% 156.5
138.2% 150.0
100.0% 129.0
61.8% 108.0
50.0% 101.5
38.2% 95.0
0.0% 74.0
-38.2% 53.0
-50.0% 46.5
-61.8% 40.0
-100.0% 19.0

Secondary
Low 35.0
High 74.0
Support 1 58.0
Support 2 44.0
Resistance 1 75.0
Resistance 2 100.0

300.0% 191.0
261.8% 176.1
250.0% 171.5
238.2% 166.9
200.0% 152.0
161.8% 137.1
150.0% 132.5
138.2% 127.9
100.0% 113.0
61.8% 98.1
50.0% 93.5
38.2% 88.9
0.0% 74.0
-38.2% 59.1
-50.0% 54.5
-61.8% 49.9
-100.0% 35.0


Tertiary
Low 45.0
High 74.0
Support 1 58.0
Support 2 44.0
Resistance 1 75.0
Resistance 2 100.0

300.0% 161.0
261.8% 149.9
250.0% 146.5
238.2% 143.1
200.0% 132.0
161.8% 120.9
150.0% 117.5
138.2% 114.1
100.0% 103.0
61.8% 91.9
50.0% 88.5
38.2% 85.1
0.0% 74.0
-38.2% 62.9
-50.0% 59.5
-61.8% 56.1
-100.0% 45.0