Bellamys Australia (BAL)

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Bellamys Australia (BAL): Signals

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Summary

Bellamys Australia: The current Fibonacci Extension levels are:
(23.61%) $13.58
(38.2%) $14.46
(50%) $15.17
(61.8%) $15.87

The current support levels are:
(78.6%) $16.88
(100%) $18.16
(138.2%) $20.45
(161.8%) $21.86
(261.8%) $27.85
(423.61%) $37.54



Fibonacci extensions are used in Fibonacci retracement to predict spaces of resistance and support in the market. These extensions involve all levels drawn past the basic 100% level they are frequently used by traders to determine areas that will bring in profits.

[Calculation] Fibonacci Extensions:
1) Uptrend: D = B — (A — B) x N%;
2) Downtrend: D = B + (B — A) x N %;
3) Fibonacci Levels:
61.8%
100%
138.2%
161.8%
261.8%
423.6%;

Top 10:

Fibonacci Extensions

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