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mike_long

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mike_long

Re: repoman post# 13110

Wednesday, 10/17/2012 11:49:12 AM

Wednesday, October 17, 2012 11:49:12 AM

Post# of 30709
no, its resistance. if the price would bounce off 03, but
not go below it, I would consider that support. but since it
goes up to around 03 and drops under 03, that is resistance.

for an analogy, consider a room. the floor is the support, the
ceiling is the resistance, and you are the price.

everything is my opinion

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