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Re: Watney99 post# 995

Thursday, 04/14/2005 12:40:15 PM

Thursday, April 14, 2005 12:40:15 PM

Post# of 44374
Watney

I posted barcharts support/resistance levels the other day with out a chart to back them up. They are high at barcharts, I was proved wrong.

Suggest you use this link for a better over all look at support/resistance http://www.stockta.com/cgi-bin/analysis.pl?symb=GTEL&num1=5&cobrand=&mode=stock

Confluence is very powerful as it combines multiple technical analysis techniques to arrive at the same conclusion, and should be relied on accordingly for strength of the level. You don't normally know the strength of the resistance or support with just a dotted line on a chart. Helpful analysis IMO.

Your getting a handel on it, good work.

Success!



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