FIB timezones fit extremely well. Breakout prices act as supports.
The Rubicon Minerals Corp (RBY) daily chart shows the following signs: The Price of RBY had a long development (sharply) crossing the KUMO upwards. As you can see in diagram it reaching the 0.764 of fib at about $1.55. At this price $1.55 there is long term resistance line that I think that the share will not breach for now. The share is above the Tenkan Sen...
The Rubicon Minerals Corp (RBY) weekly chart shows the following signs: The Price of RBY tries to make a bottom pattern for reversal but before 9 weeks cut the Kinjun Sen down giving a bear signal. The last week the Tenkan Sen cut down the Kinjun Sen too. The MACD is on bearish signal and the RSI too. The stock is under the KUMO Cloud. The only think that makes...