-
I would advise against trend lines... There is nothing objective about them. Ask 10 people where their trend line is on stock ABC and you will get 13 different lines... Always look at support and resistance with whole/half dollars. Draw a line across an area that the stock keeps bouncing off of, or topping out at. Now what $ can the stock not stay below or above. This is the support or resistance to go off of.
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
Forum Rules