Natural gas plunged Monday to a new retracement low of $3.47 near the 78.6% Fibonacci at $3.48 and prior September resistance ...
A retracement in investing refers to a temporary reversal in the direction of an asset's price that occurs within a larger trend. It represents a short-term dip or pullback before the asset resumes ...
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 ...
The Nio stock price has suffered a big reversal in the past few weeks as concerns about the Chinese electric vehicle (EV) ...
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 ...
Anand Rathi's Mehul Kothari recommends CEAT, Endurance Technologies, and HPL Electric & Power for purchase. These stocks are ...
Fibonacci retracement levels are often useful in defining short- and long-term price trends for a stock or sector Technical analysis is an important aspect of stock and option trading methodology. In ...
The Fibonacci Retracement indicator suggests that $5,300 is the main short-term trend level for Bitcoin. Given the tendency of BTC to retest key Fibonacci levels, it may indicate that the dominant ...
The cryptocurrency market is known for its volatility and rapid price movements. For traders looking to navigate the unpredictability of digital currencies, technical analysis tools are indispensable.
A growing number of traders are looking to technical analysis tools to help them trade the ETF universe, which now extends to almost every financial niche imaginable. The Fibonacci Retracement tool is ...
Centuries ago, before there was any semblance of a stock market, one Italian developed a theory that would lay the groundwork for countless mathematical applications. Fibonacci retracements are ...