Earlier in my blog I explained how Gann calculation Target applied and bottom found.
Now I will describe you:
42.04 low price.
Apply square root-6.4838 add 1.618 and square it =65.64.
You can find in 2009-10 price moves you can find 65.60 - 68.00 was the strong support.
This 65.60 -68.00 will become resistance now and might fall back to 56.00.
We have to watch.
Now I will describe you:
42.04 low price.
Apply square root-6.4838 add 1.618 and square it =65.64.
You can find in 2009-10 price moves you can find 65.60 - 68.00 was the strong support.
This 65.60 -68.00 will become resistance now and might fall back to 56.00.
We have to watch.
No comments:
Post a Comment