Stock_Analyzer

Well what you need to do is this....for free charts you will pull up a chart that looks like this I would assume...




NOW what you need to do to find resistance is scroll down the page a bit and right to the right of where it says "Volume: Overlay" there is a box that is UNCHECKED by "Full Quote" and "Price Labels" you need to CHECK those boxes so you get a new chart that looks like this... (with full quote, color bars and price labels all checked)



Now you can see on this chart that the chart is not labels with prices above and below the current price. So we can see that resistance is at .067 .073 .09 labeled on the chart. But thats not good enough, we need to dig more hehe

So now what I like to do is change the chart size to 700 wide and change the DURATION to read 3 months instead of fill the chart to zoom in a bit, and add the SMA 20 and SMA 50 so it looks like this now... (please read the blue annotation to see how I did this)



NOW, because you have the free version you cant add anymore, but you CAN change some settings after you look at the first chart look like the one above. So now go ahead and change the SMA readings to 100 and 200 and also change the "Indicator windows" to read ABOVE change from RSI to %r and BELOW change from MACD to Fast stoch, so now your chart should look like this ...



So now we have actually looked at two charts, chart one with SMA 20 and 50 and indicators RSI and MACD and chart two using SMA 100 and SMA 200 and indicators %R and Fast stochs. With these two charts we can tell what the main indicators are doing, up or down or in the middle, we can tell if our price is nearing any SMA resistance or support if its below the current price. We can also find "price labels" to see if there is any upcoming higher prices that will act as resistance or any lower prices then the current that will act as support. If the prices are not labeled you will have to eye ball it by looking at the chart like this...



Ok now you have the whole picture, read both charts, look at indicators and find support and resistance and go from there. If you need more help on finding support/resistance or indicator readings check the ibox here on the homepage or ask me again for more info

Good luck!