Aug 7, 2012 - MARC, Stock Analysis    No Comments

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!

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felix

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.

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