InvestorsHub Logo
Followers 10
Posts 621
Boards Moderated 0
Alias Born 12/20/2003

Re: None

Monday, 09/11/2006 1:02:51 PM

Monday, September 11, 2006 1:02:51 PM

Post# of 1102
Monday's area of "Gathering Support" (Buy Trigger)...

The Support & Resistance Report identified an area of Gathering Support</a (Buy Trigger) between $38.31 and $38.41 going into Monday's trade, and so it was found to be.

Monday's area of Gathering Support was emailed on Saturday to Support & Resistance Report subscribers.

It is composed of the following 3 individual aspects of Support:

1) $38.31 - the Daily "S2" Pivot Point
2) $38.36 - the Previous Week's Low
3) $38.41 - the "20-Day Moving Average"



Areas of Gathering Support and Gathering Resistance form much more reliable trading opportunities that do indivdual aspects of Support or Resistance that are standing alone.

Buy at Support

Sell at Resistance

*
*
*

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.