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Fibonacci tools

  • By Alexander Sabodin,
  • Stocks and Commodities Magazine
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The sequence of the Fibonacci numbers is considered to have been discovered by Leonardo of Pisa, better known as “Fibonacci,” a 13th-century Italian mathematician. In the early 1200s, after traveling through parts of the Middle East and studying with Arab mathematicians, Fibonacci published his book Liber Abaci, or “Book of Calculation,” which introduced to the West something that is one of the greatest discoveries of all time: the decimal numeration system, including the position of zero as the first number in the number sequence. Read on to learn more...

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Article copyright 2012 by Technical Analysis Inc. Reprinted from the April 2009 issue with permission from Stocks & Commodities Magazine.
The statements and opinions expressed in this article are those of the author. Fidelity Investments cannot guarantee the accuracy or completeness of any statements or data.
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