Understanding the overall structure. :- Here it is simple higher high higher low structure. Stock currently above previous higher high.
How to Set Targets using Fibonacci extensions.
First Identify the swing. here it is 308 to 1389.
then place Fibonacci tool. After placing look at 38.2% 50% 61.8% levels if the stock has faced major resistance or support or consolidated for some time then the swing identification is correct.
Look for extension levels. You'll get your targets.
Looking at the momentum review the potion at each extension levels
.
How to Set Targets using Fibonacci extensions.
First Identify the swing. here it is 308 to 1389.
then place Fibonacci tool. After placing look at 38.2% 50% 61.8% levels if the stock has faced major resistance or support or consolidated for some time then the swing identification is correct.
Look for extension levels. You'll get your targets.
Looking at the momentum review the potion at each extension levels
.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.