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You bought a stock at $50 per share and it has increased to $74 and recently starting You are concerned that the trend may be turning bearish. What is the 61.8 % Fibonace retracement level? $70.25 $64.83 $54.72 $50 17

You bought a stock at $50 per share and it has increased to $74 and recently starting You are concerned that the trend may be turning bearish. What is the 61.8 % Fibonace retracement level? $70.25 $64.83 $54.72 $50 17

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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You bought a stock at $50 per share and it has increased to $74 and recently starting to tilt lower. You are concerned that the trend may be turning bearish. What is the 61.8 % Fibonacci retracement level? O $70.25 $64.83 $54.72 $59.17
Transcribed Image Text:You bought a stock at $50 per share and it has increased to $74 and recently starting to tilt lower. You are concerned that the trend may be turning bearish. What is the 61.8 % Fibonacci retracement level? O $70.25 $64.83 $54.72 $59.17
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