is at 50% retrace from .04 to .086 now at .062, page-5

  1. 983 Posts.
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    Excuse my ignorance everyone, but I'm recently started trading.

    Could someone please explain to me in layman's terms what this thread means by CEO being at a "50% retrace from .04 to 0.086..."

    I recall it being one of the tools from TA - but could someone please shed some light here.

    What is it telling us in terms of the CEO's SP in the upcoming days?
 
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