For the true chartists out there..
BUD has completed its perfect Fibonacci
Retrace.
It’s exactly on the number of 61.8% from the high to the low.
In technical analysis, Fibonacci retracement is created by taking two extreme points (usually a major peak and trough) on a stock chart and dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8% and 100%.
Time to rise and shine!
BUD in the newspaper, page-5
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)