Description
⋅ the chart shows that TA works. It is a fact.
If fundamentals are in place then even better. and as you can see good companies have great trends.
retrace at 78.6%
retrace to 50%
retrace to 61.8%
retrace to 78.6%
Nothing goes up in a straight line. retracement brings new traders and investors, builds more interest in the company.
Keep you stop losses regardless as nothing is set in stone and charts are mainly a prediction.