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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (38401)	12/19/2017 8:05:29 AM
From: Andrew~	Read Replies (1) of 203362

New Age Farm (Cse) I think of support and resistance as bands rather than specific stock price values. If NF-Cse closes the day above $0.13 it will have confirmed the break through previous resistance of $0.13 which would then become the top of a support band as far as SP is concerned. It will then be in a new resistance band. They can be like molasses and take time to work through. I also look for support and resistance, according to a specific stock's chart history. These can include one or more technical indicators such as RSI, Bollinger Bands and the 'magic line' that underpins the stock price.

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