MoneyShow's Tom Aspray often uses Fibonacci analysis to determine likely entry points and profit targets for his Charts in Play recommendations. Here, he uses a few recent examples to examine more ...
Did you know there is a kind of technical analysis that shares structural similarities with hurricanes, nautilus shells, sunflowers, music, and human dimensions? These examples, along with countless ...
With the tight range all the Above/Below targets remain the same. Use 1182.50 as the swing point for the week.  The break this week held above 38.2% at 1139.00 (1140.50 low) keeping the longer term ...
For active investors, the challenge is not typically finding a good stock or an entry point; it’s knowing where to get out. When a stock surges past its previous high, you enter what technical ...
The 'golden ratio' plays an important role in both stock analysis and nature Centuries ago, before there was any semblance of a stock market, one Italian developed a theory that would lay the ...
Chip Stapleton is a Series 7 and Series 66 license holder, CFA Level 1 exam holder, and currently holds a Life, Accident, and Health License in Indiana. He has 8 years experience in finance, from ...
Beyond identifying key support and resistance levels, Fibonacci analysis can also help traders and investors project future price levels across all markets and time frames. My 2010 lesson entitled ...
The Fibonacci sequence is more than a historical curiosity. It is a practical method of technical analysis used to highlight potential areas that traders monitor for support and resistance.
Most markets opened on Monday with a huuuuge gap. Some in particular opened at interesting levels. For example, GBPJPY Fibonacci analysis shows the pair opened at a hard resistance above the daily ...
Percentage-retracement levels are yet another technical indicator useful in defining short- and long-term price trends in a security or sector. Percentage retracement levels are based upon the ...