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AVALANCHE06

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AVALANCHE06

Re: getmoreshares post# 266622

Thursday, 11/26/2015 10:21:25 AM

Thursday, November 26, 2015 10:21:25 AM

Post# of 347767
Think you have your terms reversed. .015 being lower is normally termed as the next support level in your describing. Resistence is the upward levels where it is hoped to break through.

Resistence keeps things down.

Support keeps things up.

So if the .015 support is broken then one can expect to see it go lower as support to keep it above that has ended. To which the cooresponding resistence level will adjust downward also creating anothe ceiling of resistence that has to be penetrated by both volume, PRs, and a higher support level indicated by rising bids.

GL
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