Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 366.81 to 230 279.74 (36.36%) . .
Intermediate 332 to 230 . 279.74 (48.76%) .
Short 276.71 to 230 . . 279.74 (106.49%)