Stock Chart

DIG - Fibonacci Based resistance

05/03/2010 10:29 AM by reduc411

Funny this guys uses something called "Fibonacci Based resistance" to determine inflection points at an equities price. Does this have good correlation with the Altman Z-score??

http://www.stocktrader...
http://www.marketwatch...

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  • 05/03/2010 11:18 AM by Dave Pinsen

    Not that I know of, but interesting links though. It looks like the author has gone short based on the inflection point he saw in the Nasdaq toward the end of last month.

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