Fibonacci Retracement
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| Where prices on a chart move off their latest tops or bottoms in swings of 38.2%, 50%, or 61.8% from their previous bottoms or tops before resuming their original trend direction. The most common and easiest to spot is 50%. |
Related Terms: | ||
Bollinger Bands Bollinger Bands are a type of envelope (or trading band) plotted at standard deviation levels above ... Mercury Chart A modified bar chart used in commodity futures. Each bar shows the price range for a ... Momentum Investor Someone who buys stocks or other securities that have had high returns over the past 3 ... | ||
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