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Strategies & Market Trends : Natural Resource Stocks

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From: isopatch12/22/2022 2:28:10 PM
5 Recommendations

Recommended By
kckip
pak73
roguedolphin
the longhorn
Winfastorlose

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Savvy regulars don't need me to read longer term charts. Just a look at 5 yr weekly, then 10 yr monthly highlights major support levels. $5 area unlikely to hold as global economy plunges into a Depression rivaling the 1930s. One that's only in it's early stages.

barchart.com

barchart.com

Major price/volume support areas cluster around round numbers. As always, bear raiding pools will gun for longs with stop loss orders just below those obvious support areas. Same ole...same ole. Cash is King for Intermediate Term AWA full cycle stock traders. Experienced traders, here, already there. Kudos guys.

Logging back off. Forum is in your capable hands.

Iso
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