Southern Cross Media (SXL)

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Southern Cross Media (SXL): Signals

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Summary

Southern Cross Media : The current Fibonacci Extension levels are:
(23.61%) $1.25
(38.2%) $1.27
(50%) $1.29
(61.8%) $1.31

The current support levels are:
(78.6%) $1.33
(100%) $1.37
(138.2%) $1.42
(161.8%) $1.46
(261.8%) $1.61
(423.61%) $1.85



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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GZL Gazal Corporation 3.25 6.6 13,082 -25.4 BULLISH
FXL Flexigroup 2.21 6.3 607,399 -11.6 BULLISH
OPT Opthea 0.55 5.8 19,044 4.4 BULLISH
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