Wall Street Assignment - Stock 1
CIPLA
MACD
Bactested - 14% gains
RSI
Fibonacci
Another way to determine price objectives is by the use of percentage retracements. The most commonly used numbers in retracement analysis are 61.8%, 38%, 50%. In a strong uptrend, the retracement is generally 38% while in a weak uptrend the retracement is about 61.8%.
MACD
Bactested - 14% gains
RSI
Fibonacci
Another way to determine price objectives is by the use of percentage retracements. The most commonly used numbers in retracement analysis are 61.8%, 38%, 50%. In a strong uptrend, the retracement is generally 38% while in a weak uptrend the retracement is about 61.8%.
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