ETrades1

$GFI 30 years of Fibonacci

Long
NYSE:GFI   Gold Fields Limited
Due to its chart history $GFI is a great stock to analyze using fibonacci extensions. These fibonacci extension levels have been price peaks going back 30 years. The current chart resembles the 1999 double bottom and move to the 2.618 extension, what I don't know is whether the 2.168 will be broken on the next rally or if significant consolidation needs to occur.
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