Replies to post #60861 on InCapta Inc (INCT)

[xanadu]

I am not any of them but jrod has a chart in the info section where he shows resistence levels he has determined.

[dart1961]

scratchy-simply put look at the TAGS until you read a little at
http://stockcharts.com/

[fringe_remnant]

GZFX Resistance Levels

Very simply put, where two or more previous reaction highs occur as price points at the same horizontal line across a time span in a chart, above the current price, you can expect resistance. This is because people may be bag holding from there, and waiting to sell into the next rise, creating a flood of supply. The selling will cause the stock price advancement to slow or stop temporarily.

StockCharts has a good introductory article onthe theme. See:
http://stockcharts.com/education/ChartAnalysis/supportResistance.html

Attached is a rather messy chart indicating the major R's for GZFX that we may see shortly.

.



fringe

[Profe$$or]

Resistance and supply are two terms that are interchangeable. It is the zone where a rallying stock is likely to run into trouble (at least temporarily) and then be turned back. The more times the given resistance area is tested, and again the longer the time period involved, the more important the bullish signal that is given if the resistance zone is eventually overcome.

The area of resistance or the supply is such that there either are no buyers at that price or there are those selling at that price so the supply increases and then the stock moves back down. For those who bought at the area of resistance...some on the boards call these market players "bag-holders" and now they have to either average down or sit and wait for the stock to come back. When the stock does come back to the resistance area; these "bag-holders" sometimes sell merely to break even and walk away. Once resistance is overcome than it becomes support.

GZFX still has a lot of resistance to get through however everything above .0277 is older resitance and not as powerful as many have averaged down from their original buy in or simply have just given up and walked away.

I hope that helps a little bit