Fibonacci mathematics - retracements 31.8 %, 50% work well after a solid trend has been in operation for some time (say 12 months). low used here, $4.35, high $8.05.

Here's a company to watch and find out more as taught in our fundamentals classes - i.e. p/e, dividend yield, annual report, etc. Spotless is expanding overseas now (England) which, the company believes, will provide good earnings growth in future years. In the past, previous retracements have been effective buying opportunities as entry points into long term growth. Charting helping to time better, the purchase of companies that have maintained growing earnings.