Category Archives: EVER

EVERy 38.2% Fibonacci Retracement level is a bounce?

EVER is now at the mercy of its support at around 38.2% Fibonacci Retracement level. Few months ago we have seen some price movement at this level that leads the price of EVER to ascend. But will that happen again

Another round tomorrow or its done?

EVER went up and looks like it broke out from the rectangle formation. Will there be a round 2 tomorrow or it will be a test of support? The break out today was supported by relatively big volume. Caveat!

Early development of rising wedge?

For two days now, EVER is playing near the 23.6% Fibonacci Retracement level although with a bearish bias. The dip might be a normal action as the trend is developing a rising wedge formation. But be careful because once this

Will EVER reverse?

EVER cruise from one Fibonacci level to another. At the opening it jumps a little and then rallied as high as 0.33 passing the 38.2% Although it wasn’t able to sustain its momentum, I think we will now experience a