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    Thymus

    I use FIB's to give me a guide.

    On the first stage of this rise from 2.26 it reached 3.36 then fell back to 2.95 with was a 38% retracement. Using the Fib extension of 38% it indicated the possibility of getting to 3.78 which it did easily reaching as high as 3.86.

    If we consider that 3.86 is the peak of the second stage of the rise then a 23% retracement would be 3.48 while a 38% retracement would be 3.24.

    I sold some at 3.50. If it gets back to 3.24 I will buy some back of what I sold.

    Hope this helps. As I said I only use Fibs as a guide.

    cheers Lies
 
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