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Wednesday, 08/09/2006 8:10:57 PM

Wednesday, August 09, 2006 8:10:57 PM

Post# of 1102
QQQQ - A Swing Trade Long...

The Support & Resistance Report strategy defines a "Swing" Trade as a trip from "Gathering Support" to "Gathering Resistance" or vise versa.

The following 5-Minute Chart shows how a "Swing Trade Long", opened at Tuesday's area of "Gathering Support" between $36.26 and $36.32 could have been closed anywhere within Wednesday's substantial area of "Gathering Resistance":

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Buy at Support

Sell at Resistance

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