How do you guys play multiple resistance?
- Thread starter cashclay
- Start date
Robert Morse
Sponsor
IMO, when you get material news from earnings or the FDA, I can make a case for old resistance levels being on a different stock and they won' t apply. Just my opinion.
Bob
Bob
====How do you guys play multiple resistance?===
listen man
u asking a lot of questions, questions answers to which are fundamental in trading methodology
and you expect to get real workable usable answers?
one thing i can tell you - separate fundamentals form technicals: news from resistance, etc
one either invest or trade
listen man
u asking a lot of questions, questions answers to which are fundamental in trading methodology
and you expect to get real workable usable answers?
one thing i can tell you - separate fundamentals form technicals: news from resistance, etc
one either invest or trade
cmon' qxr...please list step by step how you trade.
even if i would do that it will take to write a book , not a post
people here asking so serious questions... probably without real understanding that the serious answers to those questions, the answer that would really answer them are just impossible to write
not talking about the fact that the really truthful answers will never be given
these are the questions to which trader has to find answers himself... and if he will - he will keep them to himself
%%
Well since a good trend, will tend to,will go thru all those;
really need much more info for the best answer. But Bioteck/FDA are the most wild ones even if they move max %%, UP + down LOL. BUT ,IBD has a good rule; ''don't quibble over a quarter[ $0.25] + miss the move.'' He later updated it to ''decimal eqiv...'' But the original rule is still great one;''' dont quibble over a quarter + miss the move.'' Average daily range can also help with clues. [JULY-SEPT can be weakest quarter of the year]