CDD ... Chart

  1. 2,719 Posts.
    lightbulb Created with Sketch. 1962
    Hmmm, interesting to read what is and has been going on recently with CDD. Even more "interesting"(for me) when I looked at her TECHNICALLY.

    Many range equalities have occurred over the last few years to "assist" in determining swing points. Below I have highlighted 2(shown in orange and pink).  Instead of the classic Fibonacci retrace/extension of 61.8% or 100% its a GANN number (66.7%) or 100% that appears to be a more comfortable fibration with CDD. Note also that our last impulse move down(from the 7th May, 2014 swing high) to yesterdays's low was exactly 133.3% of our 'pink' range(from red arrow to green arrow).

    CDD_Fibo_220515.png

    AND a "Close_Up" of the same ... to satisfy the Fibo buffs here(+ Maxi48)... 1st leg down x 423.6%(323.6% extn) came in 3c above the actual low PLUS wave(5) = wave (1) in a 5-wave Impulse down(so far?).

    CDD_FiboCU_220515.png
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.