Trading on Support/Resistance line
Here is a example of trading on support and resistance line. I’ve bought Kep Corp 2000 @$6.60 on 13 July based on support and upswing momentum. Sold it on 22 July @$7.62 based on resistance line. Made a tidy profit of 15.5% or $2040.

The prove is here.

Posted on July 22nd, 2009 under Stocks • Tags: CFD, Shares, Stocks, Technical Analysis. • RSS 2.0 feed • Leave a response, or trackback