ASK Vendit Off Topic Questions Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : ASK Vendit Off Topic Questions

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Vendit™ who wrote (2134)	10/9/1999 9:02:00 AM
From: Vendit™	Read Replies (1) of 19374

This is a very good explanation of how to locate support and resistance levels and is one of the things I used yesterday to move in and out of AOL. (candle support) Japanese candlesticks offer insight into areas of support and resistance. Price trading through resistance on a tall white candle generally confirms breakouts to the upside and price trading through support on a tall black candle generally confirms breakouts to the downside. In this instance, the tall black candle, indicated by the arrow, crosses the 20EMA5, which should provide support on a strong uptrend, and confirms the end of the uptrend (on a test of a previous high shown by the blue horizontal line) and begins a downtrend. intelligentspeculator.com intelligentspeculator.com Which came from this resource; intelligentspeculator.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next