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Post by jacksrbtr on Apr 30, 2014 20:32:28 GMT -5
Quiz time...(for anyone) Check out the stock MNKD and FIB it. See anything? Should be an interesting day for it tomorrow (and IBB). Like taking a fib from the 3/31 low to the 4/2 high? And that its on the 38.3 retrace (on the daily)? Or that its now on the 23.6 retrace from the '06 high to the '08 low?
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Post by huh on Apr 30, 2014 21:52:39 GMT -5
Quiz time...(for anyone) Check out the stock MNKD and FIB it. See anything? Should be an interesting day for it tomorrow (and IBB). Like taking a fib from the 3/31 low to the 4/2 high? And that its on the 38.3 retrace (on the daily)? Or that its now on the 23.6 retrace from the '06 high to the '08 low? Yep, the first one (03/31 low t 04/02 high). Pulled back to the 50 then consolidated between it and the 38.2 for 3 weeks. Closed above it today. It did close over that 38.2 before, but it was too soon. After this consolidation, that pop today should send it up tomorrow. I've been watching it hoping for a pullback to the lower FIBs, but didn't get it. As I said on MNKD before, she do like her 50's. Top BB just above here is the only resistance between here and 8. Only needs to hold that 38.2 now. See the repeating pattern between the 3 day chart, daily chart and the 30 minute (same bullish pattern appearing on all 3 time frames)?
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Post by huh on May 1, 2014 8:54:06 GMT -5
Well, so much for the AUXL backtest. COuldn't even get above the 50 FIB. Sorry Herc, my bad.
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Post by Herceg on May 1, 2014 9:21:06 GMT -5
Well, so much for the AUXL backtest. COuldn't even get above the 50 FIB. Sorry Herc, my bad. Nothing to apologize for............I never got back in and I always appreciate yours or others analysis.......... BOL to you !!!!!
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