CAPITAL FIRST respecting the Fibonacci Levels .

16 lug 2017

CAPITAL FIRST Retraced From 61.8% fibonacci levels on Point A to B , C being 61.8% . After That faced Supply pressures at 800 zones . Didn't manage to close above it on weekly charts . And in case of Point D to E , it retraced from 50% fibonacci levels . Taking the support of 200 DMA on Daily Chart as spotted in my previous analysis . Hinting Correction is over in the stock . Thereby making Same Highs and Higher Lows on the Chart. Closing Above the Supply zones on WEEKLY BASIS will head the stock towards 1100 or so levels.