Tuesday, August 5, 2014

IDEA CELLURAR - FIBONACCI PRICE EXTENSION

Daily Chart
After the breakout from the consolidation range, Stock rallied and paused at the 1.272 price extension, and showed a minor decline, and resume the uptrend and went above 1.618 price extension since this was not surprising as stock consolidated for about five in a range of approx 25-30 points. 
It is likely that stock may continue is uptrend to the level of 175-178.



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