Fibonacci Retracements Part 2 » Img 4 - AAPL 50 percent retrace
AAPL appears to be bouncing off of the 50% Fib level. An entry could be as close to the Fib line as possible, or a trader could wait for confirmation with a close above the Fib level or even wait for the next day to make sure the bounce seems to be holding. No matter where you enter, always have a stop loss.
