Australia's largest stock trading and investment forum Australia's #1 stock forum

IVZ

Click for more information

0.00%

6.9¢ invictus energy ltd

That's interesting - I usually apply 23fib for consolidations...

First 511 Last

Share
Profile

Follow
MKI4EVA

4,217 Posts.

958

21/12/22

10:00

Post #: 65395183
Share

Originally posted by Fibtrader: ↑

Most measured moves on Stocks and commodities end up taking profits or retracing at the - -23.6 % fib and occasionally running to the -61.8% Once it hits its -23.6 % we draw the Next measured move.

When it runs to its -61.8% we then draw fib extensions
For more detailed analysis on Fibonacci Retracement / Extensions I suggest purchasing David Halsey's book Trading The Measured Move.Your Forex Commodity trading will improve dramatically.

Look at the EG Below The ES had a 50% retracement trade at the 3714s and look at where the Algos/ traders took there profits ? lol at the -23% trgt of the 4028s! give or take a few points. Powerful stuff.

The current long term anchors on IVZ are the 10c (Low) to 40.5 c (High) 1st trgt at the -23% at the high 40s and scondar PT at the -61.8% at the 60c level.

Trading What I See DYOR

Expand

That's interesting - I usually apply 23fib for consolidations and 61.8fib to both sides impulses up or deep consolidations.

Actionery impulse waves rarely mention 23fib.

IVZ Price at posting: 34.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

CU6

Clarity progresses SECuRE trial with positive safety results

GTR

GTI extends uranium mineralisation at Lo Hema through development drilling

3 stocks with antimony news on Thursday

DXB

Dimerix begins recruiting young kidney disease patients in Mexico for Phase 3

CHN

Chalice jumps on Putin nickel export ban threat – but then there's bad news

There are more pages in this discussion • 425 more messages in this thread...

First 511 Last

Add IVZ (ASX) to my watchlist

(20min delay)
Last 6.9¢		Change 0.000(0.00%)		Mkt cap ! $104.6M

Open	High	Low	Value	Volume
6.9¢	6.9¢	6.5¢	$111.2K	1.643M

Buyers (Bids)

No.	Vol.	Price($)
1	14652	6.8¢

Sellers (Offers)

Price($)	Vol.	No.
6.9¢	589438	5

View Market Depth

No.	Vol.	Price($)
1	147829	0.067
2	142423	0.066
11	720014	0.065
4	685625	0.064
2	174618	0.063

Price($)	Vol.	No.
0.069	589438	5
0.070	1034604	9
0.071	1064037	10
0.072	920138	8
0.073	1036012	6

Last trade - 16.10pm 12/09/2024 (20 minute delay)

IVZ (ASX) Chart