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31 general motors (gm): daily bullish 2.618 90 BigCharts.oom flpn 3 6 4 499999999
VoIume cbs (cbs): daily bullish 3.14 © Big.Chart5.com May Jun Jul Rug Sep Oct Nov Feb liar Apr
Bearish Extreme Numbers The bearish extreme numbers are effective when a stock has rallied above the 1.618. It is important to be prepared for extreme price action, when a stock rallies in this area. Reversals can be quite sharp and the price action is usually volatile. bearish extreme numbers After the 1.618 has been "blown out," it is important to be aware of the extreme projections, as potential areas for a reversal. The 2.24 is probably the most common point for a reversal. The 2.618 and 3.14 also occur, although not nearly as frequently. The following examples illustrate these extreme projections. It is important to briefly review the extreme examples, as to familiarize yourself with these projections.
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