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/biz/ - Business & Finance

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>> No.23140027 [View]
File: 20 KB, 934x452, GME fibs and sell extension.png [View same] [iqdb] [saucenao] [google]
23140027

>>23139836
It's legit, my friend. The golden ratio is everywhere in nature, and mass human groups of thought can't escape it's pull. People who crap on them don't know how to do them, or only draw point A from the lowest point to point B, the highest. That is what textbooks will tell you. Over 20 years of doing this, I've learned they are much more "inception" like. It's very hard to teach. Over long periods of time you brain learns to recognize where the action "is" in regard to fib, and you draw within that framework. When you get the two points right, it is VERY profitable to then see extensions of that. You will see that 19.00 WILL be a major resistance, that will perhaps convert to a major support. As you may know, this doesn't mean that the PPS won't dance around it a bit. But it will hammer to this line in creating candles EOD, etc.

Posting it again for other anons. I know a lot of newer people are in GME and they put their asses on the line and it paid off. /biz/ deserves to have this knowledge for sure.

>> No.23139772 [View]
File: 20 KB, 934x452, GME fibs and sell extension.png [View same] [iqdb] [saucenao] [google]
23139772

>>23139464
>>23139444
Also here is the GME sell point from fibonacci extensions. People that know how to do this hate when this information is posted but I love you guys, thanks for posting great plays much moreso than crappy discord rooms.

Sell is right on $19.00. Will struggle there, and then try to dip to test a lower support. It might push past 19 eventually sure, but if you want to swing this, that's your spot. Save this chart.

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