Monday, September 11, 2006 1:03:08 PM
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.
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
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