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Fibonacci retracement is a technical analysis tool that uses ratios derived from the Fibonacci sequence (23.6%, 38.2%, 50%, 61.8%, 78.6%) to identify potential support and resistance levels during price corrections. Traders use it to anticipate where an asset might pause, reverse, or continue its trend.
🔢 How Fibonacci Retracement Works
- Concept: Based on the Fibonacci sequence, where ratios like 61.8% (the &ldquo golden ratio&rdquo ) are believed to reflect natural patterns in markets.
- Application: Drawn between a significant high and low on a chart to map retracement levels.
- Key Levels:
- 23.6% &rarr Shallow pullback, often in strong trends.
- 38.2% & 50% &rarr Moderate corrections, common retracement zones.
- 61.8% &rarr Deep retracement, often a critical decision point.
- 78.6% &rarr Very deep correction, last line before full reversal.
📊 Example
If a stock rises from RM10 to RM20:
- 23.6% retracement &rarr RM17.64
- 38.2% retracement &rarr RM16.18
- 50% retracement &rarr RM15.00
- 61.8% retracement &rarr RM13.82
These levels suggest where price might find support if it pulls back from RM20.
✅ Strengths
- Fixed levels: Unlike moving averages, Fibonacci levels don&rsquo t shift, making them useful for planning trades ahead.
- Widely used: Many traders watch these levels, creating self-fulfilling support/resistance zones.
- Versatile: Can be applied across stocks, forex, commodities, and indices.
⚠ ️ Limitations
- Not standalone: By itself, Fibonacci retracement is unreliable&mdash best combined with candlestick patterns, trendlines, or volume analysis.
- Subjective: Different traders may choose different swing highs/lows, leading to varied retracement maps.
- False signals: Price may break through levels, so risk management is essential.
🎯 Takeaway for You, Mark
For your scenario-based investing and calibration maps, Fibonacci retracement can serve as a structured overlay to visualize potential correction zones. It aligns well with your style of mapping risk bands and yield calibration. The key is to treat Fibonacci levels as probability zones, not certainties&mdash overlay them with SGX announcement trends, FX bands, and volume signals for stronger conviction.
 
That' s a good one - At one end, we have trump promoting MAGA, here we have msksmsks promoting IFAST
msksmsks - u need to wear a cap that it custom made like Trump 

msksmsks - u need to wear a cap that it custom made like Trump 


Nippon72 ( Date: 18-Mar-2026 20:09) Posted:
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MIGA  sounds better, Make IFAST Great Again! I have always see IFAST as a mini bank no less. 
Vested.
Vested.
JurongW ( Date: 18-Mar-2026 16:04) Posted:
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As POTUS would say - Let' s Make IFAST Great Again (Pun intended to MAGA)
msksmsks ( Date: 18-Mar-2026 16:00) Posted:
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Tku JW san
IFast.....better live up to yr name 
with so much encouragement .
Letz C
IFast.....better live up to yr name 
with so much encouragement .
Letz C
JurongW ( Date: 18-Mar-2026 15:54) Posted:
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Standing ovation with ENCORE  - encouraging IFAST to keep repeating its uptrend. 

msksmsks ( Date: 18-Mar-2026 15:51) Posted:
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JW san
Can u attach a pic of standing oviation
if IFast miraculously hit $9 later 
Kamsiah 
Can u attach a pic of standing oviation
if IFast miraculously hit $9 later 
Kamsiah 
JurongW ( Date: 18-Mar-2026 15:17) Posted:
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msksmsks ( Date: 18-Mar-2026 15:07) Posted:
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Ifast just break the final resistance today. Fast grab at the offer price now before it go up further !!!
Alot more to catchup being a laggard
HKG side wl clock in more revenue
Letz C
HKG side wl clock in more revenue
Letz C
JurongW ( Date: 18-Mar-2026 14:47) Posted:
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Finally living up to its name. Finally broke out from the downtrend line and move back above the 200MA.
I-FAST is I-FANTASTIC today, hopefully can maintain its strong run going forward.
I-FAST is I-FANTASTIC today, hopefully can maintain its strong run going forward.

msksmsks ( Date: 18-Mar-2026 12:57) Posted:
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Opined it' s coming soon
JurongW ( Date: 17-Mar-2026 15:06) Posted:
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SGX recovered its previous losses and now
hitting ATH 
IFast , can u also follow in tandem 
Letz C
hitting ATH 
IFast , can u also follow in tandem 
Letz C
msksmsks ( Date: 17-Mar-2026 09:09) Posted:
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If it can stay above $8.80 (200 MA) in the coming days, then perhaps the downtrend has ended.   
A very good 1st quarter results will defintely help.
A very good 1st quarter results will defintely help.
SGX almost recovered fm it' s decline .
Will u catch up, IFast  ??
Investing is abt knowing what u are buying
and more importantly, what' s forthcoming..
Since mgmt 7 early 8 early guided it' s dividend
payout AT LEAST (10.5ct) for FY26 vs  FY25 (8.4ct),
presumably their revenue/profitability wl be higher than
last year which wl be adjusted upwards.
I look fwd to it.....
 
Will u catch up, IFast  ??
Investing is abt knowing what u are buying
and more importantly, what' s forthcoming..
Since mgmt 7 early 8 early guided it' s dividend
payout AT LEAST (10.5ct) for FY26 vs  FY25 (8.4ct),
presumably their revenue/profitability wl be higher than
last year which wl be adjusted upwards.
I look fwd to it.....
 
msksmsks ( Date: 16-Mar-2026 13:38) Posted:
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It has dropped below the long term 200MA (blue), next support at 8.20 and 8.00 if continues moving down.
Above is just my view.  Hope it can reverse and move above the 200MA to stop the downtrend.

Above is just my view.  Hope it can reverse and move above the 200MA to stop the downtrend.

msksmsks ( Date: 16-Mar-2026 13:38) Posted:
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Looking at SGX performance and resilency,
IFast is lagging behind so much.
Time for u to catchup ....
Letz C
IFast is lagging behind so much.
Time for u to catchup ....
Letz C
msksmsks ( Date: 16-Mar-2026 10:22) Posted:
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HSI very strong which is good for IFast
SGX been resilient and recovering well
IFast seems lagging behind and bottomish
Letz C wl catch up as foreign funds been
flowing in 
 
SGX been resilient and recovering well
IFast seems lagging behind and bottomish
Letz C wl catch up as foreign funds been
flowing in 
 
msksmsks ( Date: 11-Mar-2026 09:08) Posted:
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SGX?s February performance hits highest securities daily average value in six years
https://www.businesstimes.com.sg/companies-markets/sgxs-february-performance-hits-highest-securities-daily-average-value-six-years
Agurs well for SGX and likely IFast too
We wl know fm their 1Q result soon
Reiterate IFast wl reverse strongly.
Letz C
https://www.businesstimes.com.sg/companies-markets/sgxs-february-performance-hits-highest-securities-daily-average-value-six-years
Agurs well for SGX and likely IFast too
We wl know fm their 1Q result soon
Reiterate IFast wl reverse strongly.
Letz C