Time to find out whether Fibonacci's reality is anywhere near its hype as a useful TA indicator. I have shown some gold stock winners. Here is one - no less favored by me - that has been struggling for months now. You would think a low volume decline to the 62% Fib within a Falling Wedge might be bullish. You would think... Actually, I am not thinking too much. Just holding.
http://www.biiwii.blogspot.com
http://www.biiwii.com
http://www.biiwii.blogspot.com
http://www.biiwii.com
How about not buying til it stops going down? That's been doing wonders for me recently. :-)
ReplyDeleteYeh, there's that too. ;-)
ReplyDelete