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Thursday, November 06, 2008 1:50:15 AM
devM ... BBDA Chart ...
Notice The PPS closed over the.001 mark every time on this pull back. Notice on the chart I have the .0017 marked as support, now that the PPS has closed below this support, it has now become Resistance, once the PPS closes over this .0017 area it will become support again.
Here is a link to help understand support and resistance.
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:support_and_resistance
Notice The PPS closed over the.001 mark every time on this pull back. Notice on the chart I have the .0017 marked as support, now that the PPS has closed below this support, it has now become Resistance, once the PPS closes over this .0017 area it will become support again.
Here is a link to help understand support and resistance.
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:support_and_resistance
Some sheep are smart enough to play the game
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