LSG lion selection group limited

re: sell down for alpha Thanks Alpha,I actually had those...

  1. 5,881 Posts.
    re: sell down for alpha Thanks Alpha,

    I actually had those numbers in my post from yesterday, had another look today and used the numbers from the bottom at 53 to peak. I have been waiting for this one to come back for a while. Just one question, I did a little reading on Fib the article stated that these numbers work very well when they overlap. I am not sure if I have the right idea but if the 38% retracement from the low is ~$1.27 and the 50% retracement from 83c to $1.71 is $1.27 would this increase the likelyhood of bouncing from this level or would I be looking at the $1.24 to $1.71 rise and look for any overlap here. I hope you can see what I am trying to say here as I have probably not expressed it very well. Thanks in advance.
 
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