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PaperSherpa

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PaperSherpa

Re: Mkrak23 post# 25178

Thursday, 11/13/2014 8:35:17 PM

Thursday, November 13, 2014 8:35:17 PM

Post# of 63559
You say, Fundamentals dictate tommorrow's price. I can agree with you on that. Do Fundamentals dictate support and resistance too? So you are hoping that the stock goes lower so you can buy more. Wouldn't it be nice to know that when you buy more, the price starts going back up instead of further down? Or you buy more and it just stalls for no fundamental reason at all? Thats called resistance.

Long SLTD
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