SYB symbion health limited

MAY = FIBONACCI NUMBERS IS IT A BUY

  1. 9,485 Posts.
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    Geday all just running the figures on May .
    Is 4.80 our todays low a fibonacci retracement ?

    Major low was 3.00
    mayor high was 7.55
    total rise 4.55
    60 % of total rise was 2.73
    deduct 2.73 from 7.55 and you get 4.80 .
    Now is this a figment of my imagination ?
    Has it gapped down to quickly ?
    You can only trade the trend and thats down , dont be surprised though if tomorrows up . cheers ge
    ps; i have no position YET.
    http:www.vicrally.com.au

 
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