Many people ask me each day when to sell/buy, how do you know when to sell or buy....well here goes

What people usually do to sell a stock is ...find the next resistance (for example stock ABC next resistance is @ .015) sell right BEFORE the resistance because stocks will usualy hit resistance then fall DOWN. So sell right before resistance then buy back at support. If the stock breaks resistance then you buy after the bid side has broken the resistance and you ride it to the next level of resistance, with the old resistance now acting as support. And the old old support as support level 2


Sell at:
1. just prior to resistance levels
2. when your stock has lost support (then look to add at support level 2)
3. when a stock has formed a base then has lost that support
4. when your UP!!!

So buy at:
1. support levels
2. breaks of resistance on the bid side (clearly, dont buy if the bid cracks resistance for 1 second )
3. when a stock is basing after a long downtrend and the bearish are done pissing on your parade


What acts as support and resistance?

Support
1. Any prior lower low then the current price
2. Any moving average that is lower then the current price
3. A major resistance level that was broken to the upside and then comes down to this (old) major resistance level, this will now be support
4. Bottom channel lines

Resistance
1. Any prior higher high then the current price
2. Any moving average that is higher then the current price
3. A major support level that was broken to the downside and then comes up to this (old) major support level, this will now be resistance
5. Top channel lines

I hope this helps you along your way of the selling strategy.

Do you have a video lesson for drawing pivot point, support and resistance lines?

HELLO BODAGALA! I HAVE SOME SOFTWERE THAT CAN HELP TAKE A LOOK:

Stock Pivot Calculator 1.0

URL: Stock Pivot Calculator free download Predict pivot points for your stock each day with ease using this calculator. Just input your benchmarks from the day before and the Stock pivot calculator will predict support and resistance levels for the next d

HTML: Stock Pivot Calculator 1.0

Predict pivot points for your stock each day with ease using this calculator. Just input your benchmarks from the day before and the Stock pivot calculator will predict support and resistance levels for the next day

Updated May 9, 2008 00:33:24
Size 576 kb
Licence Freeware
Status New Release
Languages English
Tags stock pivot calculator, trading tools, support and resistance calculator, pivot point calculator
OS Windows 95, Windows 98, Windows ME, Windows NT, Windows 2000, Windows XP, Windows 2003
Homepage tradeshotsoftware.com
Email steve@tradeshotsoftware.com
Author Steve Kolar

Description:
With the tradeshotsoftware.com's Free Stock pivot point calculator, You can predict pivot points for your stock each day with ease. Just input your benchmarks from the day before and the Stock pivot calculator will predict support and resistance levels for the next day. Using the figures provided you can try to predict when your stock has topped out for the day, or if it is ready to rebound from lows of the day. Very useful when trying to leg into a stock position at the best possible prices to get the most bang for your buck in the stock market.
Very easy to use, you just enter your stock's high,low,and close for the previous period and the pivot calculator let's you know your support levels 1 and 2, your main pivot point for the trading period, and resistance levels 1 and 2.
Try it and see what a difference it could make to your trading

Short tags:
free stock pivot calculator download, free trading tools download, free support and resistance calculator download, free pivot point calculator download

System Requirements:
Pentium 3 500mhz, 128mb ram

IT LOOKS LIKE THIS:



THIS IS THE WEBSITE Stock Pivot Calculator free download Predict pivot points for your stock each day with ease using this calculator. Just input your benchmarks from the day before and the Stock pivot calculator will predict support and resistance levels for the next d

WE ALSO HAVE A PIVOT CALCULATOR HERE IN SHO TAKE A LOOK: Stock Hideout - Calculators

GOOD LUCK ON TRADING!

Thanks a lot for posting that reply minlita.

__________________
All my posts are purely my opinion. Please use your own buy and sell signals and never invest in a stock you can not afford to lose money on. For a complete disclaimer click here

Tks SA i also post this 2 (they great!) it took me a all week of work:
- WHO IS THE MARKET MAKER in LEVEL II
- BAC and C - Nationalization or Bailout?

Note: This is my 295 post in SHO i realy like this place, there will be a bonus for when I get to my 500 or 1000 post? LOL