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.
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