A term used in technical analysis that refers to the likelihood that a financial asset's price will retrace a large portion of an original move and find support or resistance at the key Fibonacci levels before it continues in the original direction. These levels are created by drawing a trendline between two extreme points and then dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8% and 100%.



Investopedia Says... Fibonacci retracement is a very popular tool used by many technical traders to help identify strategic places for transactions to be placed, target prices or stop losses. The notion of retracement is used in many indicators such as Tirone levels, Gartley patterns, Elliott Wave theory and more.

The next time I get a chance to exit, I will sell it thru' DBSV

i know how to draw liao
the next support at 3310.....

...........
later he not happy then no tips le....

That's rigth, just pick the extreme low and exteme high. The March melt down will be a good recent extreme low.

Ya, next time no more placement

i think the placement can earn back some losses


how many u buy? me onli 5 lots... due to cash lock up liao

huh? I was offered 5 lots anyway. You mean you was offered more but you take only 5 lots? I think if the market recover by than, it should open at $0.8 gua !!


Hey Admin !! We really need a Java chat room. Me and Cool brother are just chatting here with the wrong tool !!

he ask me how many i want. then he say 5 lots k? then i think think then say okie

when i want to put to 10 lots after i did a reseach
then he say no more liao...