
Originally Posted by
Verik
r and s values are based on fibanocci calculations. while relevant graph's, you have to understand the fundamental of the math because a single graph could certainly mean more than one thing in relation to resistances and support. i'm not quite sure on what "basis" other than just looking at trend, that danny is saying this is a foundation and not just meeting a high resistance.
i bring this up because i know bzcn was mentioned somewhere in this thread..... but they are up 90% for today so far