The movement of stock prices and the stock market do not continue endlessly moving in one direction. Instead, it rises and falls. There is a point where the price of a stock tends to stop and reverse its direction at certain predetermined levels. In technical analysis, this is called the support and...Read More »

When it comes to technical analysis, Fibonacci retracement is a very powerful tool used by traders on the stock market and currency markets. It was discovered by a 12 century monk know as Leonardo de Pisa who was known to his friends as Fibonacci. He discovered a mathematical sequence that appears ...Read More »