Screenshot from Yahoo Finance Time fram 1D BBRY
Up->Down
1.Green line - 11,45
2.Green line - 10,15
1.Red Line - 8,50
Graph Analysis
Here you can see chart with many lines and when you dont know why are these lines here keep
with reading. Support lines are red and resistance lines are green. Red circles are here because
there was fake puncture !
Short position
You could go into short positioning when price go through green line or when price bounce off
green line. But when you could close trade ? You could close trade if price is somewhere near
another forming support line or when you are happy with profit.
Long position
When you could go into long positioning ? You could go long positioning when price go through
green line. But then there is the question where you should close trade ? You could close trade
when you can see another resistance line or when you are happy with profit !
Summary
Now I'll write really small summary and that is don't make quick moves better wait and be
aware of fake punctures!
I'm Warning you !!
I'm not responsible for your money loses !! I'm here just for make estimates ! The trade depends on you You can just inspirate from me !! But if you lose money i will not give you money back and noone will! Stocks exchange is very hazardous have that in mind ! I'm not guarantees accuracy of any content and hence using information on this website is solely your responsibility. The article is only for informational character(nature) and should not be take(taken) as investment advice for the purchase or sale of stocks(shares) or other instruments. The reader agrees that the purchase or sale of stocks(shares) and other instruments based on the content of this article is at his own risk and liability.
Disclaimer
That all decisions the trader takes itself, and all indicated is not advice and a guarantee of profit
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