Wednesday, November 12, 2014

CSCO one look from past

YTD Custom FIBZ Draw - Again, watching the longer term 50% Retracement and how the stock reacts to it on a pullback. I like to think of the 61.8%  as an oversold zone. I have often seen stocks violate the 50%, rest at 61.8% and then reclaim the 50% for a strong move higher- Cool stuff-

No comments:

Post a Comment