Elioto bangų ir Fibonačio lygių tarpusavio sąryšio taikymas akcijų rinkose
Author(s) -
Simas Baranauskas
Publication year - 2011
Publication title -
verslas teorija ir praktika
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.369
H-Index - 17
eISSN - 1822-4202
pISSN - 1648-0627
DOI - 10.3846/btp.2011.40
Subject(s) - lithuanian , physics , chemistry , philosophy , linguistics
The main purpose of this article is to evaluate at what Fibonacci level mostly the price changes, which coincides with the Elliott wave peaks. The paper analyzes the Elliott wave and Fibonacci level mutual relationship theories which could affect the investor's decisions. After research, it was estimated that on the Lithuanian and U.S. stock markets at 61.8% Fibonacci level shares direction usually changed. Other important Fibonacci levels are estimated
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