Fibonacci retracement is a popular tool in technical analysis used by traders to identify potential reversal levels and support or resistance points in the price movement of assets. Based on the ...

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 ...

When it comes to individual stocks, I generally favor fundamental analysis over technical. It should be obvious that things like the prospects for the economy, the quality and popularity of a ...

The chart is key to this analysis. There are two methods we use at ONE44 to find support and resistance in the markets. The first are major Gann squares, these are the yellow horizontal lines on the ...

Is the S&P 500 index’s recent rally real, or is it just a bear-market bounce? That’s always a question investors have when the market is rising after a significant selloff. Given all the uncertainty ...

Shares of Tesla Inc. rallied Monday to a fourth-straight gain, but could not sustain the rally that carried them above a key Fibonacci retracement threshold for most of the day. The electric vehicle ...

Descending channel structure dominates price action Fibonacci retracement levels acting as key inflection points Elliott Wave ...

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 benchmark index has flirted with - but has so far failed to close above - a key Fibonacci retracement target. Until it does, the downtrend is still alive. Is the S&P 500 index's recent rally real, ...