I've been reading a lot of forum posts and watching YouTube videos on how to know when to get into and get out of a stock. They all mention the level of support and want to get into the stock around the time the price is at that level. Then selling around the level of resistance.
But the thing is that they just seem to throw a line here or a line there and call it the level of support or resistance. Is there a more defined way of doing it? Is it based on the last day of trading? The last week of trading? The last year of trading?
Submitted June 27, 2018 at 11:44PM by InternalChard https://ift.tt/2tPDMG6
