Wednesday, August 09, 2006 8:12:47 PM
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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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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