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fib retracement

  1. thecroc101
    2,129 Posts.
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    31/03/13
    22:29
    Post #: 11607103
    CDY did a fibonacci 61.8% retracement after it spiked to 2.8 earlier in the year

    wonder if it will do the same thing down to 3.1c this time? it has just broken through the 50% retracement level

    if it does then we may know how to trade it a bit better in the future - to some degree anyway :/

    fascinating how stocks follow the fibs (sometimes) :)
    CDY Price at posting: 3.4¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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