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Personal Finance and Investing

Bernardo de La Paz

(50,896 posts)

9. $49.08 would be a 62% log retracement of the fall from March high to April 16 low

Reply to Bernardo de La Paz (Original post)

Tue Apr 30, 2024, 08:19 AM

Apr 2024

$57.67 would be a 62% retracement from low of 22.55 to high of 79.38 (April and March respectively), for wave-theory friendlies.

Calculating in the logarithm domain, $49.08 would be a 0.618 (62%) retracement.

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DJT Bull Trap? [View all] Bernardo de La Paz Apr 2024 OP

What do you think about buying put options on DJT? Hokie Apr 2024 #1

I wouldn't do options on DJT. Too volatile and options are highly technical Bernardo de La Paz Apr 2024 #2

yes, the delta is off the charts, and the stock is so subject to unforeseen exogenous shocks -- hard pass Celerity Apr 2024 #3

Good advice Hokie Apr 2024 #6

Trump Media tells shareholders how to block their DJT stock being loaned to short sellers cliffside Apr 2024 #4

To those that think they can sell short DJT or buy Put options easily, A HERETIC I AM Apr 2024 #5

You don't need shares to buy puts though Hokie Apr 2024 #7

You're absolutely correct A HERETIC I AM Apr 2024 #8

$49.08 would be a 62% log retracement of the fall from March high to April 16 low Bernardo de La Paz Apr 2024 #9

Accounting Irregulaties Equals SELL Best_man23 May 2024 #10