retrace

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retrace

[′rē‚trās]
(electronics)
References in periodicals archive ?
The levels marked by the Fibonacci retracement derive from a sequence of numbers that the 13th century mathematician Leonardo Fibonacci discovered, and which seems to consistently recur in nature.
Today an upward retracement will occur within the downward correction movement.
00, a 50 percent retracement of its fall from just above 88.
Certainly, in the short-term a retracement higher may be seen, in which case watch for resistance around 3,489, followed by the 3,511 price area.
8 per cent Fibonacci retracement of the long-term downtrend, which began off the January 2008 high of 2.
The AUD/USD rallied after the a harmonic retracement noted in the previous update.
In fact, today's low came remarkably close to a 50-percent retracement of the stock's rally from its July low (14) to its October high of (18.
Fibonacci retracement is a very popular tool among technical traders and is based on the key numbers identified by mathematician Leonardo Fibonacci in the thirteenth century.
However, the retracement levels between the April high of 75.
A minimum retracement is usually about a third of the prior trend.
There is further support from one of the key Fibonacci retracement levels.
As I mentioned, the stock gapped higher this morning, but it stopped exactly at one of the key Fibonacci retracement levels.