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>> No.29349159 [View]
File: 279 KB, 1448x980, fibonacci retracements.png [View same] [iqdb] [saucenao] [google]
29349159

/Can someone smarter than I am tell me if I'm doing these Fibonacci retracements correct? Point one is the high and point 2 is the low. It makes sense to me that I would sell at ~$20.53, but I don't really understand how this gives me information about how much lower the stock could go.

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