fibonacci retracements, page-8

Erichmj Toph,
Are correct on the fibs if it opens at close 6.9 or better the 38.2% will hold even though it MAY trade through to 50% 6.4/6.5 issh IF YOUR LUCKY it will close above it 6.9 or better in this case the old closing high and new open should be support 6.7 imo
If it opens @ 6.7 or lower expect 6.4/6.5 to be tested along with a quick dip to 6 61.8% on the cards but I DOUBT THAT VERY MUCH it looked pretty OVERSOLD on close today imo...
Most will be waiting in the wings EITHER WAY you will need to be VERY QUICK...expect it to be volitile but on the UP at the END OF THE DAY NO MATTER WHERE IT OPENS...imo
Hope it makes sence..
Cheers Pete