Scorpion75
What you are looking for is the point where the sp will find support and bounce based on fibonacci retracement calculations.
http://www.swing-trade-stocks.com/fibonacci-retracements.html
The first target point is .109 (11cents). More often the sp of stocks tend to bounce off the 50% fib mark and in the case of AYN that is 0.98.
Hope that helps.
where will it bottom, page-6
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)