Hi, just wounder about the best way to set a price target in an
uptrend with ATH. Following the trend lines seams to be easy in
this case. But using fib seams to be hard. 38% on top of the move
from 2019 to 1821 gives a price target of 2217. I know this is not
science but as you usually say, its good to now the
alternatives.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Edu
Posted by lebow on 8th of Nov 2014 at 02:17 am
Hi, just wounder about the best way to set a price target in an uptrend with ATH. Following the trend lines seams to be easy in this case. But using fib seams to be hard. 38% on top of the move from 2019 to 1821 gives a price target of 2217. I know this is not science but as you usually say, its good to now the alternatives.