RE:RE:RE:RE:supportYou have taken $3.10 and $2.80 which are the lows of those 2 days and avg them out.
I don't think you get support in that manner.
I think support is where a stock stalls for a certain amount of time at a certain range.
PYR was $3.75 to $4 for 4 months at the end of last year.
mystiqe wrote: fdfd12,
I use Vector Vest and the support line comes in at that level. If you put up a 1 year candlestick chart you see clearly that on Sept16/20 and Nov12/20 the candles had a very long wick on the bottom. Those are the two points for a strong support. I can see what you are referring too but I think that would not count as a clear support.