I last left the Dow on Wednesday in a state of indecision. The market had broken below my lower tramline drawn off the lows made since the 8 August low at 10,450. But it had not made a decisive break ...
Did you know there is a kind of technical analysis that shares structural similarities with hurricanes, nautilus shells, sunflowers, music, and human dimensions? These examples, along with countless ...
These pinecones have eight spirals in one direction and thirteen in the other direction. These are both examples of Fibonacci numbers. Disclaimer: AAAS and EurekAlert! are not responsible for the ...
What do pine cones and paintings have in common? A 13th century Italian mathematician named Leonardo of Pisa. Better known by his pen name, Fibonacci, he came up with a number sequence that keeps ...
Trying variants of a simple mathematical rule that yields interesting results can lead to additional discoveries and curiosities. The numbers 1, 1, 2, 3, 5, 8, 13, 21, 34, and 55 belong to a famous ...
A Fibonacci sequence goes like this: 1, 1, 2, 3, 5, 8, 13, 21, 34, 55 and 89. Each successive number is the sum of the two preceding numbers. So 1+1 =2 and 1+2=3 and 2+3=5. The scales on a pinecone, ...
Percentage-retracement levels are yet another technical indicator useful in defining short- and long-term price trends in a security or sector. Percentage retracement levels are based upon the ...
Fundamental investors often talk about “value levels” and “well-valued stocks”, but when it comes to determining at what price to buy a stock, there is often little agreement on when a stock is really ...
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