Carolyn Boroden Fibonacci Analysis: Stalking LEN

Carolyn Boroden of Fibonacciqueen.com reviews a new buy setup zone in shares of LEN using Fibonacci Analysis. There is a formula for making money with Boroden's Fibonacci Time and Price discussed on Options Profits and Real Money Pro. Boroden looks for three trade setups: Fibonacci Price Cluster, Symmetry or Two-Step Pattern. This particular strategy piece shows prices as of the close July 15, 2014, so Boroden can show what “stalking” means and what to look for when determining a buy signal. Support cluster shows $39.15-$35.69 and the other area that stands out is $38.36-$38.46. Boroden would look at these at two separate setups. This requires some patience and the key is to wait for the trigger that identifies an entry.