Eltek Chart Lesson: Your Swing Anchors Choose the QuestionEltek LtdBATS:ELTKSmalldikenergyA Fibonacci ladder begins with a defensible swing choice. This historical Eltek daily-chart lesson uses September 15's 9.240 high and October 20's 6.595 low. The chart was viewed October 21, 2026, and its displayed reference ends October 20. It is not an October 21 live-price claim. The September 15 candle opened at 9.160, reached 9.240, and closed at its 8.250 low. That large red body documents rejection within the session. The subsequent lower reactions make this local decline useful to study, even though an earlier July peak is higher. Choosing the highest visible price would answer a different swing question. The selected decline is 2.645. Measuring upward from 6.595 gives 7.219 at 23.6%, 7.605 at 38.2%, 7.918 halfway, 8.230 at 61.8% and 8.674 at 78.6%, before 9.240. Labels are rounded. Halfway is an arithmetic convention, not a Fibonacci sequence ratio. The dashed connector measures endpoints; it is not a separately validated multi-touch trendline. October 20 opened at 6.800, reached 6.940 and closed at its 6.595 low, down 5.58%. Its 55 EMA was 8.007 and falling; RSI was 30.34 versus a 39.29 smoothing line. That RSI reading is above 30 and does not establish a confirmed bullish divergence. For this historical worksheet, a completed close above 7.219 followed by a separate held retest would improve local repair. The next questions are 7.605, 7.918 and the dated moving average near 8.007. Losing a reclaimed 7.219 weakens that sequence. Losing 6.595 and failing to reclaim it undermines the low-based recovery; only then does the 5.876 downside projection become relevant. Reclaiming and holding the broken low weakens that breakdown route. A projection is not established support or a guaranteed destination. New candles require a fresh map; gaps and thin liquidity can make a drawn exit impractical. No current trade, position or fill is claimed. Discussion: would you select this local September reaction high or an earlier major peak—and what different question would your anchor choice answer?