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Support/Resistance/watch
This is a discussion on Support/Resistance/watch within the Technical Analysis forums, part of the Methodologies category; The following are at or close to Support/Resistance. This is NOT inferring that they will rise or fall from these ...
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| | #1 |
| Legendary Member Join Date: Nov 2000 Location: Fleet,Hants,UK Posts: 5,575
| Re: Support/Resistance/watch
The following are at or close to Support/Resistance. This is NOT inferring that they will rise or fall from these positions... At Support: BAA,BARC,BG#,BGY,BLND,BPG,BSY,CAP,CBRY,CCC,CCM CED,CKSN,CPW,DXNS,EGS,EZJ,HAS,ICI,III,JMAT,JRVS KWL,NTX,POC,PRH,RTR,SCR,TWT,UNIQ,WGC,WMPY At Resistance: BASS,BBA,CC#,CTC,DAG,DGE,EID,HBR,HFX,IAL,IMG,OGS PIC,PJP,TWT A watch list for breakouts....... EID @296 KGF@470 MSY@620 PO#@275 SHP@1230 SOF@97 STW@1525 These stocks are all taken from my own "list". Possible competition longs: AMT,ATN,AU#,BARC,CAP,CCC,CED,CKSN,ENI,ENO,EZJ FI#,GLD,IMG,KWL,LOG,PIC,SGE,SHP Possible shorts: AL#,CAT,DT,EID,FIB,MTN,PIZ,RBOS
__________________ The views expressed here are my personal views and for your information only. Any expression of likely movement of a share is merely guesswork and is to be treated as such.This information must NOT be used as a basis for making any investment decision. |
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| | #2 |
| Rookie Join Date: Mar 2001 Location: Farnborough, Hants Posts: 23
| Re: Support/Resistance/watch
Was this list generated with an EDS routine or the Mk1 eyeball? Dave |
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| | #3 |
| Legendary Member Join Date: Nov 2000 Location: Fleet,Hants,UK Posts: 5,575
| Re: Support/Resistance/watch
Eyeball I'm afraid. Coding EDS to select my favourite chart patterns is totally beyond me, and probably anyone else.However, If there are any mathematical WizzKids out there, I'm sure pattern recognition could be easily programmed in "C" or "Pascal" using OHLC data. If anyone is interested, I 'm sure I coud provide the flow chart analysis........ PS did you find my selections worthwhile? I had a quick look mid-week and the breakouts looked to be mostly doing wel....
__________________ The views expressed here are my personal views and for your information only. Any expression of likely movement of a share is merely guesswork and is to be treated as such.This information must NOT be used as a basis for making any investment decision. |
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| | #4 |
| Junior Member Join Date: Mar 2001 Location: UK Posts: 40
| Breakouts
Martin It would be interesting to know what methods you use to arrive at this selection. Do you simply go through your favourite list, looking at resistance/support levels of each stock? Currently I am trying to work out a method of picking stocks with have broken upwards/downwards on daily basis. |
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| | #5 |
| Legendary Member Join Date: Nov 2000 Location: Fleet,Hants,UK Posts: 5,575
| Re: Support/Resistance/watch
Yes Zippy, I just go through my "list" usually over the weekend to do my competition selection.My selection is based on a number of criteria, several of which I would NOT use to select a stock to trade for real.One of these is trying to pick a true bottom. As part of my stock perusals, is to mentally note those that are at support/resistance, and those that may be on a triangle breakout...
__________________ The views expressed here are my personal views and for your information only. Any expression of likely movement of a share is merely guesswork and is to be treated as such.This information must NOT be used as a basis for making any investment decision. |
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| | #6 |
| Member Join Date: Nov 2000 Location: Oundle Posts: 58
| Re: Support/Resistance/watch
I watch around 160 stocks and can give a daily info on these regarding support and resistance breaks. Resistance break 11/5/01 REX MX |
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| | #7 |
| Junior Member Join Date: Mar 2001 Location: UK Posts: 40
| MX
That would be nice.
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| | #8 |
| Member Join Date: Nov 2000 Location: Oundle Posts: 58
| Re: Support/Resistance/watch
Breaks of resistance 14/5/01 NEX (marginal) SFW TOMK MX |
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Eyeball I'm afraid. Coding EDS to select my favourite chart patterns is totally beyond me, and probably anyone else.
