InvestorsHub Logo
Followers 320
Posts 15952
Boards Moderated 0
Alias Born 01/02/2010

Re: my name is post# 7818

Wednesday, 02/21/2018 8:29:30 PM

Wednesday, February 21, 2018 8:29:30 PM

Post# of 8470
Don't think it is accurate to label today a breakout since the down trend line hasn't been broken. Especially, since the 20day (bb midline) is still resistance and down angled.
Also, since the rsi, macd (upcross of zero line today) and adx are all showing + movement, it seems the more accurate description is that price is attempting a trend reversal with 3 obvious resistance prices that could stall it. Getting the last of the 3 would be a 28% gain and a very nice potential trade.
Right now there is simply a sideways forming channel. All the above based on a 6month daily chart.

SYN

You can find 10day 5minute support/resistance lines here on the intraday.

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=syn&x=38&y=10&time=18&startdate=1%2F4%2F1999&enddate=4%2F25%2F2017&freq=6&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=4&maval=3%2C8%2C20&uf=32&lf=268435456&lf2=2&lf3=4&type=4&style=380&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11

Biggest resistance is at .50-55 zone and what I referred to as 3rd resistance level on a daily chart. Use VbP to see that bar zone.

All IMO. Not advice to anyone.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent TOVX News