76.4% Fibo retracement for Marc
With the bad publicity about mining in our country will MARC bounce since it is now near its 76.4% Fibonacci Retracement level. Candlestick doesn’t tell us it will reverse though. RSI is at oversold level. Caveat!
More from my site
The following two tabs change content below.
A computer engineer by profession and loves to develop online systems/websites. A self-taught stock trader who loves to share his knowledge and enjoys learning, expanding knowledge and staying well-informed. Most often he uses candlesticks, Fibonacci Retracement levels, Ichimoku system on his technical analysis but loves to hear some rumors as well.
Latest posts by felix (see all)
- Philippine Stock Market – Update on selected stocks 5/27/2016 - May 29, 2016
- Philippine Stock Market – Update on selected stocks 5/20/2016 - May 22, 2016
- Philippine Stock Market – Update on selected stocks 5/13/2016 - May 15, 2016