Home Stock Picks Stock Chat Market Watch Stock Blog Learn to Trade Stock Newsletters HOT Stock Articles Forex Trading Stock Toolbar Stock Screener Buy Stocks  

Fibonacci Retracement

Fibonacci retracements refer to the likelihood that the price of an asset will go backwards on an original move and find resistance or support levels at key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8% and 100% before resuming its movement.

Related Terms

Elliott Wave Theory
Fibonacci Arc
Fibonacci Fan
Fibonacci Numbers/Lines
Gartley Pattern
Retracement























































FREE Stock Newsletter
© 2009 TheHotPennyStocks.com :: Penny Stocks