eSology

[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

eSology

[10 13 15:11:41] [Lobby] vipyr: dont see .0034 on the chart
[10 13 15:11:48] [Lobby] stock_analyzer: was a example vip
[10 13 15:11:51] [Lobby] vipyr: ok
[10 13 15:12:01] [Lobby] stock_analyzer: ok so all previous highs are resistance
[10 13 15:12:04] [Lobby] stock_analyzer: .0018 is NOT
[10 13 15:12:13] [Lobby] stock_analyzer: because after that it hit .0023
[10 13 15:12:20] [Lobby] stock_analyzer: so most holders from .0018 got OUT
[10 13 15:12:24] [Lobby] [ Entered: gatlin ]
[10 13 15:12:25] [Lobby] stock_analyzer: so thats no longer resistance
[10 13 15:12:41] [Lobby] stock_analyzer: questions so far?
[10 13 15:12:45] [Lobby] Red_Rum: ohhh i c
[10 13 15:12:48] [Lobby] BlackGold36: no not yet
[10 13 15:12:48] [Lobby] stock_analyzer: moderators are here to help
[10 13 15:12:48] [Lobby] raj12123: how do we know if the resistance is going to be broken
[10 13 15:12:49] [Lobby] F1ynn: yes, say that again
[10 13 15:12:51] [Lobby] 4godnwv: got it
[10 13 15:12:56] [Lobby] [ Gone: Biff_Nixon ]
[10 13 15:12:59] [Lobby] stock_analyzer: raj12123: ok
[10 13 15:13:02] [Lobby] raj12123: and the pos reaches a new limit
[10 13 15:13:05] [Lobby] [ Entered: Biff_Nixon ]
[10 13 15:13:09] [Lobby] [ Entered: ottoman ]
[10 13 15:13:10] [Lobby] stock_analyzer: resistance is broken WHEN IT goes higher on the BID SIDE
[10 13 15:13:18] [Lobby] pattypatty: hopefully raj
[10 13 15:13:22] [Lobby] shak4031: how do we know how strong the resistence is?
[10 13 15:13:29] [Lobby] maxman: stock_analyzer: bag holders are stock owners?
[10 13 15:13:29] [Lobby] [ Gone: markgeez ]
[10 13 15:13:30] [Lobby] F1ynn: confused hold on pleasse
[10 13 15:13:32] [Lobby] stock_analyzer: if the resistance is .002 for example and the ask is .0022 but the bid is only .0019 RESISTANCE IS NOT BROKEN
[10 13 15:13:40] [Lobby] [ Gone: frebet ]
[10 13 15:13:42] [Lobby] [ Entered: frebet ]
[10 13 15:13:43] [Lobby] stock_analyzer: because they cant sell yet
[10 13 15:13:45] [Lobby] [ Entered: Shehzada ]
[10 13 15:13:47] [Lobby] stock_analyzer: you see raj
[10 13 15:13:50] [Lobby] [ Gone: SAM ]
[10 13 15:13:52] [Lobby] stock_analyzer: and everyone
[10 13 15:13:56] [Lobby] raj12123: for example in todays case with oxfv, we could not predict when it will retrieve and when its going to cross
[10 13 15:14:03] [Lobby] pattypatty: yes sir sa
[10 13 15:14:06] [Lobby] BlackGold36: yes
[10 13 15:14:09] [Lobby] Phonetic2518: maxman: a bagholder is someone who held for too long and now wants out of the stock because it plummeted, meaing next time it goes to their buyin, they will be out
[10 13 15:14:11] [Lobby] stock_analyzer: resistance is only broken when the BID goes HIGHER THEN THE RESISTANCE PRICE
[10 13 15:14:24] [Lobby] stock_analyzer: ok lets scroll down a bit
[10 13 15:14:27] [Lobby] stock_analyzer: to part 2
[10 13 15:14:38] [Lobby] F1ynn: hold on sa, one quick ?
[10 13 15:14:40] [Lobby] gbreez: yes,SA
[10 13 15:14:40] [Lobby] F1ynn: please
[10 13 15:14:41] [Lobby] stock_analyzer: resistance using moving average lines
[10 13 15:14:43] [Lobby] stock_analyzer: ok f1
[10 13 15:14:44] [Lobby] [ Entered: rebel186074 ]
[10 13 15:14:44] [Lobby] mp6140: MP IS A BAGHOLDER
[10 13 15:14:45] [Lobby] [ Entered: havisudee ]
[10 13 15:14:48] [Lobby] capNkewl: was away but here now if you got questions
[10 13 15:14:50] [Lobby] stock_analyzer: mp6140: lol
[10 13 15:14:50] [Lobby] Phonetic2518: lol mp
[10 13 15:14:56] [Lobby] stock_analyzer: mp resistance oxfv .010
[10 13 15:14:57] [Lobby] capNkewl: SA, can you post link again plz
[10 13 15:14:58] [Lobby] stock_analyzer: LOL
[10 13 15:15:00] [Lobby] stock_analyzer: http://www.stockhideout.com/showthread.php?t=2466
[10 13 15:15:01] [Lobby] F1ynn: are you saying, in this case, .0018 is not resistance
[10 13 15:15:01] [Lobby] pattypatty: poor mp
[10 13 15:15:03] [Lobby] rebel186074: HELLO ALL
[10 13 15:15:04] [Lobby] stock_analyzer: yes
[10 13 15:15:09] [Lobby] F1ynn: cuz it went higher after that
[10 13 15:15:12] [Lobby] capNkewl: thx
[10 13 15:15:13] [Lobby] stock_analyzer: right!
[10 13 15:15:21] [Lobby] [ Gone: barney32 ]
[10 13 15:15:22] [Lobby] F1ynn: ok, i understand
[10 13 15:15:26] [Lobby] stock_analyzer: now it might be minor resistance
[10 13 15:15:33] [Lobby] stock_analyzer: but should not really affect it too much
[10 13 15:15:37] [Lobby] stock_analyzer: ok part 2
[10 13 15:15:37] [Lobby] F1ynn: right
[10 13 15:15:38] [Lobby] F1ynn: ok
[10 13 15:15:42] [Lobby] Red_Rum: questions..how long of a period/ short can one rely for next move?
[10 13 15:15:44] [Lobby] stock_analyzer: moving average resistance
[10 13 15:16:23] [Lobby] stock_analyzer: moving average lines are the prices average closing price for that period of days
[10 13 15:16:35] [Lobby] [ Gone: Bearclaw ]
[10 13 15:16:38] [Lobby] stock_analyzer: for example 20 ma line is avg closing price of the stock for the past 20 days
[10 13 15:16:46] [Lobby] stock_analyzer: 50 MA is past 50 days and so on
[10 13 15:16:52] [Lobby] stock_analyzer: so that will act as resistance as well
[10 13 15:16:55] [Lobby] stock_analyzer: ok so part 2
[10 13 15:17:12] [Lobby] stock_analyzer: top left of that chart shows the MA line box in blue
[10 13 15:17:18] [Lobby] hengma: or act as support?
[10 13 15:17:20] [Lobby] stock_analyzer: tells you what color line means what MA price
[10 13 15:17:25] [Lobby] stock_analyzer: hengma: not there yet but yes
[10 13 15:17:37] [Lobby] stock_analyzer: so 20 MA line is blue
[10 13 15:17:39] [Lobby] stock_analyzer: 50 is red\
[10 13 15:17:42] [Lobby] stock_analyzer: 100 is green
[10 13 15:17:45] [Lobby] stock_analyzer: 200 is pink
[10 13 15:17:50] [Lobby] stock_analyzer: those are my default settings
[10 13 15:17:53] [Lobby] stock_analyzer: so with this chart
[10 13 15:18:06] [Lobby] shak4031: SA_how to do you determine the strenght of resistence?
[10 13 15:18:08] [Lobby] stock_analyzer: PLNI MA resistance is at .012 for the 20 MA line
[10 13 15:18:18] [Lobby] stock_analyzer: shak4031: volume can determine that
[10 13 15:18:22] [Lobby] stock_analyzer: or how many times it hit that price
[10 13 15:18:34] [Lobby] [ Gone: MayRay ]
[10 13 15:18:35] [Lobby] stock_analyzer: plni 50 MA line resistance is at .013
[10 13 15:18:36] [Lobby] [ Gone: Yahoobob123 ]
[10 13 15:18:44] [Lobby] raj12123: Which MA should bemajorly consdered
[10 13 15:18:44] [Lobby] stock_analyzer: you all follow me here
[10 13 15:18:50] [Lobby] raj12123: considered
[10 13 15:18:52] [Lobby] ranger_lp: yup
[10 13 15:18:53] [Lobby] stock_analyzer: 20 50 200
[10 13 15:18:53] [Lobby] BlackGold36: yes
[10 13 15:18:59] [Lobby] rebel186074: yup
[10 13 15:19:01] [Lobby] shak4031: yes
[10 13 15:19:04] [Lobby] Estrella_Muak: yes
[10 13 15:19:05] [Lobby] 4godnwv: yep
[10 13 15:19:07] [Lobby] stock_analyzer: ok so questions about MA resistance
[10 13 15:19:16] [Lobby] smiling: i can't see pink line
[10 13 15:19:17] [Lobby] stock_analyzer: i am going fast but i need to LOL
[10 13 15:19:21] [Lobby] stock_analyzer: no pink line here
[10 13 15:19:24] [Lobby] shak4031: SMA vs EMA?
[10 13 15:19:24] [Lobby] raj12123: yea whcih one is good for consideration for short term or long term
[10 13 15:19:26] [Lobby] stock_analyzer: 200 is off the chart
[10 13 15:19:27] [Lobby] stock_analyzer: too high
[10 13 15:19:33] [Lobby] absctocks: which one is more important for DAY TRADER ?
[10 13 15:19:37] [Lobby] Relayer: have to run, kater guys
[10 13 15:19:38] [Lobby] raj12123: 20 or 50
[10 13 15:19:38] [Lobby] stock_analyzer: raj12123: longer term look at higher prices
[10 13 15:19:44] [Lobby] pattypatty: b ye dave
[10 13 15:19:46] [Lobby] stock_analyzer: and bigger lines
[10 13 15:19:53] [Lobby] [ Gone: Relayer ]
[10 13 15:19:55] [Lobby] stock_analyzer: long term look at 200 MA line or 100 MA line
[10 13 15:19:58] [Lobby] [ Gone: buford ]
[10 13 15:20:03] [Lobby] raj12123: yea with penny stocks no one keeps long term I guess
[10 13 15:20:03] [Lobby] F1ynn: and these are support ?
[10 13 15:20:05] [Lobby] [ Entered: Silverado ]
[10 13 15:20:07] [Lobby] stock_analyzer: short term traders us 10, 20, 32 MA lines
[10 13 15:20:10] [Lobby] [ Gone: Silverado ]
[10 13 15:20:19] [Lobby] BlackGold36: is there a rule for how often the pps can hit the same price before you give up?
[10 13 15:20:25] [Lobby] [ Gone: ottoman ]
[10 13 15:20:33] [Lobby] momo628: sometimes people say dma, sma, ema are they all the same?
[10 13 15:20:39] [Lobby] pattypatty: as inn insq?
[10 13 15:20:40] [Lobby] stock_analyzer: well black, not really but for patterns, it does
[10 13 15:20:45] [Lobby] stock_analyzer: thats another day lol
[10 13 15:20:48] [Lobby] BlackGold36: thank you
[10 13 15:20:53] [Lobby] stock_analyzer: momo628: mostly yes
[10 13 15:21:04] [Lobby] stock_analyzer: but again another day
[10 13 15:21:08] [Lobby] stock_analyzer: i have about 10 min
[10 13 15:21:11] [Lobby] raj12123: can we see another weird example of GCCP
[10 13 15:21:14] [Lobby] stock_analyzer: before wifey needs me home lol
[10 13 15:21:33] [Lobby] 4godnwv: now THATS resistance lol
[10 13 15:21:35] [Lobby] raj12123: which is sucking so badly
[10 13 15:21:44] [Lobby] stock_analyzer: i am going to move on raj but we can tonight if you need me too

eSology

[10 13 15:21:46] [Lobby] maxman: stock_analyzer: don't worry, tell her u r with us and she'll not worry
[10 13 15:21:49] [Lobby] stock_analyzer: lol
[10 13 15:21:54] [Lobby] stock_analyzer: ok so lets flip it now
[10 13 15:21:56] [Lobby] rebel186074: can you use the chart to find were a stock is over sold? as tgal ?
[10 13 15:21:57] [Lobby] stock_analyzer: lets do support
[10 13 15:22:11] [Lobby] stock_analyzer: support chart http://www.stockhideout.com/showthread.php?t=2467
[10 13 15:22:25] [Lobby] ptmueller: SA - are the little balloons (resistance points you circled in blue) part of the software or did you put them in yourself
[10 13 15:22:35] [Lobby] stock_analyzer: i put them in
[10 13 15:22:44] [Lobby] stock_analyzer: its the annotation tool
[10 13 15:22:46] [Lobby] stock_analyzer: ok support
[10 13 15:22:50] [Lobby] [ Gone: istreet ]
[10 13 15:22:50] [Lobby] stock_analyzer: the reverse of resistnace
[10 13 15:22:53] [Lobby] maxman: stock_analyzer: u get these chart because you are subscribed, right?
[10 13 15:22:57] [Lobby] stock_analyzer: its where people WANT TO BUY
[10 13 15:23:01] [Lobby] stock_analyzer: support = DEMAND
[10 13 15:23:05] [Lobby] stock_analyzer: maxman: yes
[10 13 15:23:12] [Lobby] stock_analyzer: so when a stock is falling
[10 13 15:23:14] [Lobby] [ Gone: robsieb ]
[10 13 15:23:21] [Lobby] [ Entered: HOWZER ]
[10 13 15:23:24] [Lobby] stock_analyzer: look for previous LOWS or MA lines that are LOWER then the current price
[10 13 15:23:31] [Lobby] stock_analyzer: http://www.stockhideout.com/showthread.php?t=2467 again refer here
[10 13 15:23:37] [Lobby] stock_analyzer: amep
[10 13 15:23:39] [Lobby] mp6140: you can get similar charts, with fewer visible indicatorsl, for free at stockcharts
[10 13 15:23:42] [Lobby] [ Gone: thebluedog ]
[10 13 15:23:52] [Lobby] stock_analyzer: current price .062 for example of when i posted the chart
[10 13 15:23:57] [Lobby] [ Gone: HOWZER ]
[10 13 15:24:00] [Lobby] stock_analyzer: mp6140: somewhat
[10 13 15:24:01] [Lobby] smiling: SA - gotta go. could u pls email these so i can chk them out later tonite.
[10 13 15:24:05] [Lobby] smiling: thx SA
[10 13 15:24:05] [Lobby] stock_analyzer: yes
[10 13 15:24:09] [Lobby] smiling: for keeping us informed
[10 13 15:24:17] [Lobby] stock_analyzer: ok so who wants to take a stab at support for amep here
[10 13 15:24:20] [Lobby] stock_analyzer: looking atthe chart
[10 13 15:24:26] [Lobby] [ Entered: Stockz4O1906 ]
[10 13 15:24:26] [Lobby] smiling: with the knowledge to become a millionaire one day
[10 13 15:24:27] [Lobby] shak4031: what to to look for in ma lines? ex. 20 over 50 or vice versa
[10 13 15:24:34] [Lobby] rebel186074: .071
[10 13 15:24:41] [Lobby] tupac_spike: AMEP held 20 sma
[10 13 15:24:48] [Lobby] maxman: stock_analyzer: previous lows or MA directly before or any one earlier in general?
[10 13 15:24:50] [Lobby] stock_analyzer: yes and that is around .06
[10 13 15:24:53] [Lobby] capNkewl: in a pm if you need me, pm me
[10 13 15:24:53] [Lobby] capNkewl: thx
[10 13 15:24:55] [Lobby] tupac_spike: nice hammer
[10 13 15:25:05] [Lobby] BlackGold36: 0.037
[10 13 15:25:06] [Lobby] Phonetic2518: .037 and .056 support levels SA?
[10 13 15:25:08] [Lobby] rebel186074: support is .071 ?
[10 13 15:25:13] [Lobby] tupac_spike: tomorrow interesting day for AMEP
[10 13 15:25:14] [Lobby] stock_analyzer: yes for price .037 and .056
[10 13 15:25:22] [Lobby] stock_analyzer: so amep price support .056 .037
[10 13 15:25:25] [Lobby] [ Gone: money ]
[10 13 15:25:29] [Lobby] BlackGold36: i missed the 056
[10 13 15:25:29] [Lobby] [ Gone: smiling ]
[10 13 15:25:33] [Lobby] stock_analyzer: amep MA lines support .06 20 MA line
[10 13 15:25:33] [Lobby] [ Gone: shak4031 ]
[10 13 15:25:43] [Lobby] [ Entered: shak4031 ]
[10 13 15:25:43] [Lobby] [ Gone: shak4031 ]
[10 13 15:25:48] [Lobby] stock_analyzer: .037 50 MA line
[10 13 15:25:51] [Lobby] stock_analyzer: and so on
[10 13 15:25:54] [Lobby] stock_analyzer: you all see
[10 13 15:26:00] [Lobby] rebel186074: never mind i see the .06 now
[10 13 15:26:02] [Lobby] [ Entered: shak4031 ]
[10 13 15:26:03] [Lobby] rebel186074: yup
[10 13 15:26:09] [Lobby] BlackGold36: yes
[10 13 15:26:10] [Lobby] stock_analyzer: everyone else?
[10 13 15:26:15] [Lobby] F1ynn: is that because after it hit .056 it bounced higher
[10 13 15:26:16] [Lobby] pattypatty: yes
[10 13 15:26:16] [Lobby] Phonetic2518: SA, so if AMEP comes down to around .056, means a good time to buy right?
[10 13 15:26:16] [Lobby] 4godnwv: yep
[10 13 15:26:17] [Lobby] stock_analyzer: any questions on support
[10 13 15:26:23] [Lobby] stock_analyzer: yes phon
[10 13 15:26:23] [Lobby] pighead: previous low and a support line are at .037 does this mean STRONG support at this area
[10 13 15:26:26] [Lobby] stock_analyzer: as long as it HOLDS
[10 13 15:26:32] [Lobby] stock_analyzer: yes pig
[10 13 15:26:33] [Lobby] tupac_spike: i wud wait for it to hold
[10 13 15:26:34] [Lobby] rebel186074: how strong does vol
[10 13 15:26:35] [Lobby] tupac_spike: ya
[10 13 15:26:36] [Lobby] 4godnwv: lol
[10 13 15:26:37] [Lobby] Phonetic2518: ahh k
[10 13 15:26:39] [Lobby] rebel186074: play in support?
[10 13 15:26:47] [Lobby] stock_analyzer: plays a roll rebel
[10 13 15:26:57] [Lobby] ranger_lp: So what about the so called grand cross when 50, 100 and 200 ema"s converge?
[10 13 15:26:57] [Lobby] frebet: wher price touches ma is support
[10 13 15:26:59] [Lobby] BlackGold36: And if the Bid is Lower Than the Support?
[10 13 15:27:00] [Lobby] stock_analyzer: more volume that day the stronger the resistance or support
[10 13 15:27:01] [Lobby] [ Entered: Majestic65 ]
[10 13 15:27:09] [Lobby] shak4031: SA_is price a better support or ma?
[10 13 15:27:14] [Lobby] stock_analyzer: frebet: yes
[10 13 15:27:15] [Lobby] rebel186074: i see
[10 13 15:27:19] [Lobby] stock_analyzer: shak4031: same
[10 13 15:27:21] [Lobby] stock_analyzer: know them all
[10 13 15:27:21] [Lobby] Biff_Nixon: Oh I C
[10 13 15:27:26] [Lobby] [ Entered: jenmac ]
[10 13 15:27:26] [Lobby] tupac_spike: stock_analyzer: AMEP had over 18 mil in volume today
[10 13 15:27:36] [Lobby] stock_analyzer: yup i see that
[10 13 15:27:38] [Lobby] stock_analyzer: nice
[10 13 15:27:41] [Lobby] F1ynn: so are you saying support is where others bought in at and are still holding?
[10 13 15:27:42] [Lobby] stock_analyzer: needs to hold .06
[10 13 15:27:47] [Lobby] stock_analyzer: if it does not then we look at .056
[10 13 15:27:53] [Lobby] stock_analyzer: if no hold there then we look at .037
[10 13 15:27:58] [Lobby] stock_analyzer: just go down or up the ladder
[10 13 15:28:01] [Lobby] BlackGold36: Sa What is the Bid is Lower than the Support?
[10 13 15:28:18] [Lobby] stock_analyzer: support is on the ask usually
[10 13 15:28:20] [Lobby] [ Entered: oo-buck ]
[10 13 15:28:23] [Lobby] stock_analyzer: or bid
[10 13 15:28:24] [Lobby] BlackGold36: Wait for next Support?
[10 13 15:28:26] [Lobby] stock_analyzer: yes
[10 13 15:28:30] [Lobby] stock_analyzer: always wait for support
[10 13 15:28:33] [Lobby] stock_analyzer: or resistance
[10 13 15:28:34] [Lobby] BlackGold36: got it thank you
[10 13 15:28:41] [Lobby] shak4031: SA_isn't it true though MM's play with the support and resistence to mess with us
[10 13 15:28:50] [Lobby] stock_analyzer: yes shak
[10 13 15:28:55] [Lobby] stock_analyzer: they do so dont jump the gun
[10 13 15:29:06] [Lobby] stock_analyzer: see if sells start to poor in or if its just a fake
[10 13 15:29:19] [Lobby] stock_analyzer: see this is something you have to really master now
[10 13 15:29:24] [Lobby] stock_analyzer: you will see there are little tricks
[10 13 15:29:31] [Lobby] stock_analyzer: but I dont have the time for that today
[10 13 15:29:37] [Lobby] Phonetic2518: SA, how can you tell the difference between a buy and a sell?
[10 13 15:29:42] [Lobby] stock_analyzer: level 2
[10 13 15:29:46] [Lobby] stock_analyzer: usually tells you
[10 13 15:29:48] [Lobby] stock_analyzer: but not always
[10 13 15:29:52] [Lobby] stock_analyzer: buys are green
[10 13 15:29:54] [Lobby] stock_analyzer: sells are red
[10 13 15:30:01] [Lobby] Phonetic2518: what about blanks?
[10 13 15:30:06] [Lobby] ptmueller: not all the time though...
[10 13 15:30:07] [Lobby] stock_analyzer: means same
[10 13 15:30:09] [Lobby] Phonetic2518: ok
[10 13 15:30:13] [Lobby] Phonetic2518: thanks
[10 13 15:30:16] [Lobby] stock_analyzer: meaning if a buy goes in green at .02
[10 13 15:30:23] [Lobby] stock_analyzer: the next .02 buy will be gray
[10 13 15:30:24] [Lobby] stock_analyzer: or white
[10 13 15:30:24] [Lobby] shak4031: strenght is also based on the amount of bids or asks at a particular number right?
[10 13 15:30:29] [Lobby] stock_analyzer: shak4031: yes
[10 13 15:30:33] [Lobby] stock_analyzer: but not always
[10 13 15:30:36] [Lobby] stock_analyzer: sometimes they do fake walls
[10 13 15:30:47] [Lobby] raj12123: sometimes blue and ellow colors appear what does those mean
[10 13 15:30:48] [Lobby] stock_analyzer: so that is todays lesson on resistance and support