[10 13 15:01:37] [Lobby] stock_analyzer: ok stock talk is over, class is in session
[10 13 15:01:48] [Lobby] F1ynn: ok, onto chart lesson
[10 13 15:01:49] [Lobby] gbreez: you ok,mp?
[10 13 15:01:51] [Lobby] [ Entered: airattack ]
[10 13 15:01:52] [Lobby] stock_analyzer: ok first of all people ask me 100 times a day how to i find resistance and support
[10 13 15:01:56] [Lobby] Stockz4O: Hi--ready for the chart class.
[10 13 15:01:56] [Lobby] stock_analyzer: so..
[10 13 15:02:03] [Lobby] [ Entered: maxman ]
[10 13 15:02:04] [Lobby] stock_analyzer: i decided to put together some lessons
[10 13 15:02:06] [Lobby] Biff_Nixon: MP you sell or hold?
[10 13 15:02:12] [Lobby] mp6140: im in
[10 13 15:02:12] [Lobby] [ Entered: SmokingUSA ]
[10 13 15:02:14] [Lobby] maxman: hello all, i came in time
[10 13 15:02:21] [Lobby] stock_analyzer: ok
[10 13 15:02:24] [Lobby] stock_analyzer: so here we go
[10 13 15:02:26] [Lobby] [ Entered: vipyr ]
[10 13 15:02:34] [Lobby] [ Gone: Mary_Smoth ]
[10 13 15:02:45] [Lobby] stock_analyzer: first of all resistance comes in many ways
[10 13 15:02:48] [Lobby] F1ynn: sorry to interrup SA really, but can all personal conversations be done in pm now and not disturb lesson
[10 13 15:02:49] [Lobby] gbreez: Daisy!!!
[10 13 15:02:55] [Lobby] stock_analyzer: yes please
[10 13 15:03:01] [Lobby] stock_analyzer: please gang just let me talk for a bit
[10 13 15:03:02] [Lobby] Daizy: gbreez: lol shhhhh
[10 13 15:03:04] [Lobby] gbreez: good,flynn
[10 13 15:03:06] [Lobby] stock_analyzer: lets keep it down
[10 13 15:03:08] [Lobby] gbreez: k
[10 13 15:03:12] [Lobby] [ Gone: humbletrader ]
[10 13 15:03:17] [Lobby] stock_analyzer: ok so what i am going to do is post some links
[10 13 15:03:22] [Lobby] stock_analyzer: as i talk i will refer to the links
[10 13 15:03:23] [Lobby] maxman: stock_analyzer: do you have links to illustrations or something to help us understand?
[10 13 15:03:24] [Lobby] Relayer: <--- gets out the ruler
[10 13 15:03:56] [Lobby] stock_analyzer: so link #1
[10 13 15:03:57] [Lobby] maxman: question answered, thanx
i'm listening
[10 13 15:03:57] [Lobby] [ Gone: hengma ]
[10 13 15:03:59] [Lobby] stock_analyzer: how to find resistance
[10 13 15:04:11] [Lobby] [ Entered: shak4031 ]
[10 13 15:04:13] [Lobby] [ Gone: USF11 ]
[10 13 15:04:14] [Lobby] stock_analyzer: lets start at the top
http://www.stockhideout.com/showthread.php?t=2466
[10 13 15:04:16] [Lobby] [ Entered: USF11 ]
[10 13 15:04:24] [Lobby] [ Entered: sfpharma ]
[10 13 15:04:27] [Lobby] [ Gone: 4godnwv ]
[10 13 15:04:30] [Lobby] [ Entered: 4godnwv ]
[10 13 15:04:31] [Lobby] [ Gone: Estrella_Muak ]
[10 13 15:04:33] [Lobby] [ Entered: Estrella_Muak ]
[10 13 15:04:36] [Lobby] stock_analyzer: resistance comes in two forms, by finding previous run highs and by finding moving average lines that are higher then the current price
[10 13 15:04:52] [Lobby] stock_analyzer: so lets take a peak at that post
[10 13 15:05:04] [Lobby] [ Gone: midwest ]
[10 13 15:05:10] [Lobby] 4godnwv: SA can you repost that lnk?
[10 13 15:05:16] [Lobby] stock_analyzer:
http://www.stockhideout.com/showthread.php?t=2466
[10 13 15:05:21] [Lobby] stock_analyzer: blyc is the example there
[10 13 15:05:33] [Lobby] stock_analyzer: read the body and then we can break it up
[10 13 15:05:36] [Lobby] [ Entered: natsnot ]
[10 13 15:05:45] [Lobby] ilikebbstock: have a good one all, was great til the last hr for me
[10 13 15:05:51] [Lobby] [ Gone: coachgbw ]
[10 13 15:05:53] [Lobby] [ Entered: davenjan ]
[10 13 15:05:55] [Lobby] vipyr: how do you tell what the current is on that chart
[10 13 15:06:05] [Lobby] [ Entered: goldenmondkind ]
[10 13 15:06:10] [Lobby] stock_analyzer: i just did it right now
[10 13 15:06:11] [Lobby] capNkewl: hey, welcome aboard vipyr
[10 13 15:06:15] [Lobby] BlackGold36: Sa Why wouldn't the 0.018 or 0.02 be Resistance Levels?
[10 13 15:06:19] [Lobby] vipyr: heya
[10 13 15:06:22] [Lobby] [ Entered: momo628 ]
[10 13 15:06:22] [Lobby] stock_analyzer: you look on the far right viper
[10 13 15:06:22] [Lobby] natsnot: great, it must be 5:00 PM eastern time right now, huh?
[10 13 15:06:31] [Lobby] [ Gone: Daizy ]
[10 13 15:06:32] [Lobby] pattypatty: 4 nat
[10 13 15:06:40] [Lobby] [ Gone: sazfly ]
[10 13 15:06:40] [Lobby] natsnot: thanks
[10 13 15:06:42] [Lobby] stock_analyzer: BlackGold36: read it
[10 13 15:06:42] [Lobby] stock_analyzer: lol
[10 13 15:06:45] [Lobby] raj12123: hey SA waht are these MACD and aaron levels
[10 13 15:06:50] [Lobby] BlackGold36: k
[10 13 15:06:52] [Lobby] momo628: finally found my way SA
[10 13 15:06:59] [Lobby] stock_analyzer: it says they are NOT resistance because they had runs after them that are higher then that price
[10 13 15:07:03] [Lobby] stock_analyzer: momo628: welcome
[10 13 15:07:08] [Lobby] stock_analyzer: raj12123: not there
[10 13 15:07:11] [Lobby] vipyr: is the current the last ?
[10 13 15:07:11] [Lobby] BlackGold36: Got It Thx
[10 13 15:07:12] [Lobby] stock_analyzer: we are talking about resistance now
[10 13 15:07:15] [Lobby] raj12123: yea
[10 13 15:07:17] [Lobby] stock_analyzer: yes
[10 13 15:07:18] [Lobby] vipyr: 0.002 ?
[10 13 15:07:19] [Lobby] raj12123: I am here
[10 13 15:07:24] [Lobby] [ Gone: kstp15 ]
[10 13 15:07:26] [Lobby] stock_analyzer: no i am going by .0016 when i posted this
[10 13 15:07:29] [Lobby] stock_analyzer: bear with me
[10 13 15:07:33] [Lobby] raj12123: ok
[10 13 15:07:42] [Lobby] [ Gone: Eagle ]
[10 13 15:07:42] [Lobby] stock_analyzer: so for example blyc at .0016
[10 13 15:07:52] [Lobby] stock_analyzer: we look for stock prices that are higher then .0016
[10 13 15:07:54] [Lobby] stock_analyzer: so
[10 13 15:08:00] [Lobby] stock_analyzer: .0023 is the first
[10 13 15:08:07] [Lobby] vipyr: i dont find .0016
[10 13 15:08:13] [Lobby] stock_analyzer: followed by .0025 .0028
[10 13 15:08:29] [Lobby] stock_analyzer: vipry you have to look at the yellow candle
[10 13 15:08:38] [Lobby] vipyr: yellow candle ?
[10 13 15:08:38] [Lobby] stock_analyzer: or pull up a level 2 on it
[10 13 15:08:43] [Lobby] smiling: or the current ask
[10 13 15:09:06] [Lobby] raj12123: thi whit mountain background is a making charts a little confusing
[10 13 15:09:13] [Lobby] [ Gone: natsnot ]
[10 13 15:09:13] [Lobby] raj12123: this white
[10 13 15:09:23] [Lobby] stock_analyzer: ok i can take it off
[10 13 15:09:25] [Lobby] [ Entered: hengma ]
[10 13 15:09:30] [Lobby] stock_analyzer: but do you all see how this is working so far
[10 13 15:09:34] [Lobby] [ Gone: zain ]
[10 13 15:09:34] [Lobby] BlackGold36: Yes
[10 13 15:09:36] [Lobby] smiling: yes
[10 13 15:09:39] [Lobby] ptmueller: yes
[10 13 15:09:39] [Lobby] absctocks: ye
[10 13 15:09:42] [Lobby] [ Entered: Bearclaw ]
[10 13 15:09:43] [Lobby] Biff_Nixon: yes
[10 13 15:09:46] [Lobby] 4godnwv: git it
[10 13 15:09:50] [Lobby] 4godnwv: got it
[10 13 15:09:50] [Lobby] stock_analyzer: i tried to write the text as clear as i could
[10 13 15:09:51] [Lobby] Estrella_Muak:
[10 13 15:09:53] [Lobby] momo628: i cant see what you guys are talking about, where should i go
[10 13 15:09:59] [Lobby] stock_analyzer: text goes with picture
[10 13 15:10:01] [Lobby] BlackGold36: It's Great Continue ON
[10 13 15:10:02] [Lobby] Phonetic2518:
http://www.stockhideout.com/showthread.php?t=2466
[10 13 15:10:04] [Lobby] stock_analyzer:
http://www.stockhideout.com/showthread.php?t=2466
[10 13 15:10:17] [Lobby] stock_analyzer: so first we find all the previous run highs
[10 13 15:10:19] [Lobby] sfpharma: so the highest highs previous to the current SP
[10 13 15:10:25] [Lobby] momo628: thanks and sorry for interruption
[10 13 15:10:26] [Lobby] stock_analyzer: all highlighted in blue circles
[10 13 15:10:28] [Lobby] sfpharma: lol
[10 13 15:10:33] [Lobby] gbreez: yes,SA
[10 13 15:10:40] [Lobby] stock_analyzer: those are all SUPPLY
[10 13 15:10:48] [Lobby] stock_analyzer: meaning people will want to sell
[10 13 15:10:53] [Lobby] stock_analyzer: because they are BAGHOLDERS
[10 13 15:10:58] [Lobby] F1ynn: cool
[10 13 15:10:59] [Lobby] stock_analyzer: for lake of better word
[10 13 15:11:06] [Lobby] stock_analyzer: think to yourself
[10 13 15:11:15] [Lobby] gbreez: oh, I am
[10 13 15:11:17] [Lobby] sfpharma: been there
[10 13 15:11:17] [Lobby] [ Entered: SAM ]
[10 13 15:11:21] [Lobby] BlackGold36: done that
[10 13 15:11:21] [Lobby] stock_analyzer: if you got in at .0034 and current price is .0016 you want out if that POS hits .0034 again!
[10 13 15:11:36] [Lobby] gbreez: you betcha
[10 13 15:11:38] [Lobby] stock_analyzer: so that means = supply= supply = resistance