TheHandsome92
Long

fib retrace one week long

NASDAQ:AVID   AVID TECHNOLOGY INC
91 views
3
Based on previous patterns and the fibonacci principle, I predict the stock will increase

price target: 5.3

Stop loss 4.85

still learning

Comments

Use a two to one ratio, so your stop would have been 4.67, your target is okay, but you also fought the down trend so be aware of the that, one way to combat that is using a stop order above the current market price so that if it moves down it doesn't trigger the trade and you can use your money elsewhere
Reply
TheHandsome92 soul_productions
@soul_productions,
Great advice! Thanks
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out