Received 9 Karmas
Pig_Demon Dec 11, 16 11:19 AM

I think you get confused between resistance and support at times. An example being yourtrade on BSNO where you say it has support at 3.20 but I see it as resistance because it's a point that the stock can't breakthrough. Now it did have a breakout over 3.20 but once it starts to fade you should see that as a point of resistance and a signal of a failing breakout not as a level of support.

Jonk87 Dec 11, 16 7:47 PM

@Pig_Demon fair point if it can't break over and stay over it's resistance I'll keep that in mind. Cheers.

hutchstock Dec 12, 16 1:31 PM

@Jonk87 Good call. I obviously still have a lot to learn. Thanks

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