Tuesday, July 19, 2016 2:03:30 PM
The $0.0015 line and the $0.0014 line are both markers on the chart...
Hear me (said the guy who's typing and can't really be heard)
Since the 15's and 14's both collapsed, you take the lower of the two numbers in a descending price OR the higher of the two numbers in a ascending price.
They're both remarkable in the volume collections each saw, BUT since the trade was descending, you take the lower of the two numbers.
Like I said, you've done nothing that warrants a correction, rather, clarification.
You're on point, in my opinion, as a technician if you recognized either $0.0014 or $0.0015 as resistance on the way up, or support on the way down.
Not that you need to hear it from me, but good job. And good job to any other readers who saw these lines as well and were able to trade around them.
Insert smiley face here
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