Weekly market analysis covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.
Monday, November 15, 2010
Support and Resistance
I just received an email from an anonymous:
I'd prefer you give yourself a whatever name other than "Anonymous". Thanks.
This is a good question indeed, we have to be flexible and as nimble as possible when come to trading. My answer is "When resistance was broken, it becomes support, vice versa, when support was broken, it becomes resistance."
I'd prefer you give yourself a whatever name other than "Anonymous". Thanks.
This is a good question indeed, we have to be flexible and as nimble as possible when come to trading. My answer is "When resistance was broken, it becomes support, vice versa, when support was broken, it becomes resistance."
Labels:
Long Candidates(Sg),
SG Mkt
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