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Strategies & Market Trends : Point & Figure - Beginners (Real Green) -- Ignore unavailable to you. Want to Upgrade?

To: XOsDaWAY2GO who wrote (221)1/27/1999 4:28:00 PM
From: Ms. X  Respond to of 322
 
I think in the book some examples are exaggerated to make it easier to see.
The point of a bearish resistance line is this:
The bullish support line has been violated creating the bearish resistance line to come into play. The bearish resistance line is created at the highest point and drawn from there.

Hope that helps,

Jannie



To: XOsDaWAY2GO who wrote (221)1/29/1999 12:59:00 AM
From: Smooth Drive  Read Replies (1) | Respond to of 322
 
Hello Barbara,

Whenever you see the word "wall", think of two (2) or more.

It applys to both the Bullish Resistance Line (brl) and the Bearish Support Line (bsl).

Look at Message 7352623

Take care,

Eric


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