Godskitchen, Cjs and Mr_Delta,Thanks and...

Godskitchen, Cjs and Mr_Delta,
Thanks and regards
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Godskitchen, let's test GDY as below:

High: $1.285 Low: $0.655

Expansion
23.6% = $0.80 (done)
38.2% = $0.90 (done)
50.0% = $0.97 (done)
61.8% = $1.04 (done. Jumped to $1.03 on 14 Oct!)
78.6% = $1.15
100.0% = $1.285
(I luckily sold BBP, GDY,CNX and MEO to keep profit as I posted on 14/10)

Look at GDY retracement

High: $1.03 (14/10) Low: $0.655 (10/10)

Retracement
23.6% = $0.94 (done)
38.2% = $0.89 (done)
50.0% = $0.84 (done)
61.8% = $0.80 (done)
78.6% = $0.74 (done)
100.0% = $0.655 (nearly. Today low 69c!)

Today low is very close to 100% retracement. I thought of picking up some GDY again today. But I sit on my hands and wait for next week because GDY may break a supporting line at 65/6.55c and down to 50c (new supporting line), who knows? This market is scary. DOW may hit a big low < 8000 again soon.

Good luck to all