TRADE PATTERNS: November 2014

IMPORTANT INFORMATION

support & resistance

Points on a chart where a pause, or the reversal of a prevailing trend, is likely to occur. Once an area of support or resistance has been identified, it provides valuable potential trade entry or exits points. This is because, as price reaches a point of support or resistance, it will do one of two things: bounce back away from the support or resistance level or violate the price level and continue in its direction.

Trend

The general direction of a stock or an price of an asset.Trends can vary in length from short, to intermediate, to long term. as strategy, it is best to trade with trends, meaning that if the general trend of the market is heading up, you should be cautious buying positions that rely on the trend going in the opposite direction

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Friday, November 7, 2014

$JCP money maker

$HIMX next week should be good

$ANH could shoot higher from this point

Wednesday, November 5, 2014

$HSC its flagging

$AEO nice support good resistance vol picking up

$ZQK could be a money maker

Monday, November 3, 2014

$BLDP is looking good