Fibonacci Retracements Part 2 » Img 1 - UNP Retracement

Img 1 - UNP Retracement
img-1-unp-retracement.jpg

You can see how UNP found support at the 50% Fib level, but actually bounced off of the 61.8% Fib level. It’s common for a stock to trade around different Fib levels.

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