Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...
Fibonacci retracement uses specific ratios to predict stock reversals. Key Fibonacci levels are 0%, 23.6%, 38.2%, 50%, 61.8%, and 100%. Investors use these levels for setting price goals and trading ...
The Fibonacci sequence is more than a historical curiosity. It is a practical method of technical analysis used to highlight potential areas that traders monitor for support and resistance.
The key Fibonacci percentages help traders identify support and resistance levels As new traders flood the market, a return to the basics may help novices understand the fundamentals of options ...
Shares of Tesla Inc. rallied Monday to a fourth-straight gain, but could not sustain the rally that carried them above a key Fibonacci retracement threshold for most of the day. The electric vehicle ...
Just over 50% of Americans own stock. This is a considerable increase from twenty years ago when only 30% of Americans owned stock. For many people, they avoid investing in stock because they find it ...
An ongoing retracement in natural gas continues with a drop below Thursday’s low. Support for the day was seen at a low of 2.54, followed by an intraday bounce. The ...