News Focus
News Focus
Followers 24
Posts 2281
Boards Moderated 0
Alias Born 06/03/2004

Re: TL Trader post# 20676

Thursday, 05/11/2006 10:14:34 PM

Thursday, May 11, 2006 10:14:34 PM

Post# of 52118
TL_Trader: Support Lines

I'm drawing the support lines more like MetalFillBoy did, using the lower portion of the candlestick body. The absolute lows used to form the trend line looked like they also worked, but it depends on chart quality too. The NDX is so close to breaking support that it will become a self fullfilling prophesy.

I can't wait for MSFT to reach the single digits so I can back the truck up.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today