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Fibonacci retracement levels are used in technical analysis to:  A. Predict earnings per share  B. Identify potential reversal levels in a stock's price  C. Evaluate a company's debt ratio  D. Measure market volatility

Question

Fibonacci retracement levels are used in technical analysis to:  A. Predict earnings per share  B. Identify potential reversal levels in a stock's price  C. Evaluate a company's debt ratio  D. Measure market volatility

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Solution

Fibonacci retracement levels are used in technical analysis to B. Identify potential reversal levels in a stock's price.

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