Support & Resistance Report

Support & Resistance Report

Helping Stock Traders Make Better Entries and Exits

A Visualization of the Benefits of 'Gathering Support'
Introduction:

The chart below shows the intraday price action of QQQQ for Wednesday, January 31st, 2007.

It also displays the location of Gathering Support for QQQQ as identified by the
'Support & Resistance Report'.

General Observations:

The 'Support & Resistance Report' identified an area of 'Gathering Support' for QQQQ between $43.29 and $43.38 going into Wednesday's trade.

When QQQQ fell on Wednesday morning to its area of 'Gathering Support' by printing a low of $43.33, it was time to venture a purchase.

QQQQ found Support and rose to a subsequent high of $44.19 later that same day.

Conclusion:

The 'Support & Resistance Report' is designed as an aid to those whose trading style is to buy at Support and sell at Resistance.

It knows where the areas of concentrated Support and concentrated Resistance are located for each stock, index and fund that it tracks.

It shares that information with you.

Good Trading To You!