I have been watching and trading wow for a while now, my chart...

I have been watching and trading wow for a while now, my chart shows that wow has either just fell short or just fell over the 38.2% fib line which is 27.399, 7 times in the last six months, of course this magic fib number is based on the highest high and the lowest low in that 7 month time frame from my charts, others may have a different number, but it is clear that as soon as it nears 27.40 you should either sell your long position or take out a short one.

I'm out at the moment, and will have to stay that way for a while, I made the silly move of buying westpac last week, 50cent drop so far, thinking it will be a week or more before I get my money back.