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Lolraymond joined discussion · Jul 7, 2021 21:23

The use of Fibonacci retracement lines can determine the dir...

The use of Fibonacci retracement lines can determine the direction of the stock market. However, according to the knowledge and personal experience I have learned, it usually only applies to companies with a market cap of 200 billion or more. As for small-cap companies, they are prone to manipulation or larger fluctuations, which will reduce the effectiveness of technical indicators.
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