Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...
Fibonacci retracement is a popular tool in technical analysis used by traders to identify potential reversal levels and support or resistance points in the price movement of assets. Based on the ...
Imagine the market is like a massive rubber band. When stretched too far in one direction, it must inevitably snap back, or retrace, before moving forward again. The challenge for the individual ...
Forbes contributors publish independent expert analyses and insights. Tom is a pioneer in computerized technical analysis of the markets. MoneyShow's Tom Aspray often uses Fibonacci analysis to ...
Fundamental investors often talk about “value levels” and “well-valued stocks”, but when it comes to determining at what price to buy a stock, there is often little agreement on when a stock is really ...
You only have to look at the charts below to see how well the Notes held the retracements it needed to keep the trend intact (23.6% and 38.2%) and also how the trend changed on the low at a 78.6% ...
Fibonacci retracement uses specific ratios to predict stock reversals. Key Fibonacci levels are 0%, 23.6%, 38.2%, 50%, 61.8%, and 100%. Investors use these levels for setting price goals and trading ...