RE:RE:RE:RE:RE:RE:WellEvery time I am ready to buy I see the support #s weaken, Still not convinced we have reached the basement yet. GLTA
Support & Resistance
3rd Resistance Point | 39.47 |
2nd Resistance Point | 36.37 |
1st Resistance Point | 34.81 |
Last Price | 32.14 |
1st Support Level | 30.15 |
2nd Support Level | 27.05 |
3rd Support Level | 25.49 |
masfortuna wrote: The problem is that it's occurring in all sectors. So if I am going to risk my cash, I might as well do so in a company that has 1 billion tucked away and is expected to grow at 30-40%. Normally I look at the 50dma Or the 200dma but this has been dropping so you can't really gauge sentiment from those. As I said yesterday, this will trade now with the tech sector and should stabilize (I hope) at these levels after a possible 10-20% bounce ( we saw 6% yesterday so we will see). Once it stabilizes, I plan on buying my next segment. GL!
Mas