http://bigcharts.mar...&mocktick=1.gif
That's 1/9 85.15 Swing Low on the Volume Spike...
round numbers...
15 pts[Large ABC Down]
[Retracement Values]
15 x .382 = 5.75
15 x .50 = 7.50
15 x .618 = 9.25
I'm looking at this trade long with a 1 pt stop. Because we don't know for sure that it won't head right on down to 12/27- 78.77 next high volume low sequentially.
Edited by SemiBizz, 22 January 2007 - 02:04 PM.