GREY:LEWCF - Post by User
Comment by
Bentonstockson Jan 22, 2013 7:59pm
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Post# 20874982
RE: RE: Weekly chart
RE: RE: Weekly chart Well taco, if take a look at a daily or weekly chart (with volume indicated), you will see a significant increase in volume in December when started trading in the 1 to 1.5 penny range. When voume kicks-in a certain price level during a downward trend, it's a good indicator a bottom is in.
At any rate, I guess if I were as knowledgable and as experienced as you I would no longer need to concern myself with such trivial and basic things as looking at support and resistance areas on charts, and would just go on my professional...What? Instincts?
We do agree, however, that it would be good to "get on with things".
B.