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Strategies & Market Trends : Stochastics -- Ignore unavailable to you. Want to Upgrade?


To: Risberg who wrote (483)4/12/1998 7:36:00 PM
From: Wayners  Read Replies (1) | Respond to of 927
 
The 50 day moving average on DBCC does line up quite nicely with that bottom. Looking back on DBCC, I couldn't find any other instances where it provided that kind of support. May be coincidence. I really had the close on 2/26 in mind as creating that particular support level. I only use closing values to determine future support and resistance levels. Try it and you'll see what I mean--no more guessing at what the correct level is. I no longer use daily highs and lows to establish those levels.