I am not a chartist but if you check out Fibonacci rules you will find the percentages for typical pullbacks as per this snippet A Fibonacci retracement is a popular tool that traders can use to identify support and resistance levels, and place stop-loss orders or target prices. A Fibonacci retracement is created by taking two extreme points on a stock chart and dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8%, and 100%. from https://www.investopedia.com/ask/answers/05/fibonacciretracement.asp
PMY Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
