The stock had hit a a 52-week low of 111 on October 17, 2017 And a 52-week high of 232.50 on December 18, 2017.
And Hit A 9 year low of 91.20 on January 8, 2018.
Nothing unusual on chart pattern Before December 15, 2017.
Nothing unusual on liquidity of this stock. It was average liquidity.
Having a nice run-up. Like we still have many rallies in price as we...
Levels Are not Mention on Chart. ohh, It Requires Some Description. :)
Here we go,
Lupin at 0.618% From All Time Low 5.15 (2001) TO 2129 (2015)
Lupin This Year low, Made in December 2017 at 806.25 And Closed at 885. The Low Which is 806.25 is Near to 0.618% @ 816. ( of 5.15 to 2129 )
Now, If Lupin to hold This 0.618 Level Then we can look for buying...
Levels Are Mention on Chart.
50% isn’t really a Fibonacci retracement level, but is based on other technical analysis theories that state a pullback will often retrace about half of the prior advance. Since this does seem to hold true, 50% is often included when discussing Fibonacci retracement levels.