Lesson 8 of 8: Building an Investing Plan | Getting Started with Technical Analysis | 11-12-24

[@ahmadmonajemi4482]

Cameron: Great lesson on having an Ivesting Plan. I have a comment/ question on the description of Bounce Entry which states "...after the stock has pulled back to SUPPORT and the stock price closes above....". Shouldn't it be " RESISTANCE level"? Appreciate your time as always.

[@tradertalkswebcasts]

Great question! To clarify, a broken resistance level is assumed to likely become the new support upon a pullback, thus the usage of the term "support" in this instance. I hope this helps! ^CM

[@jessmunzing6986]

hello, question, i% move

[@tradertalkswebcasts]

Very sorry, but I'm afraid I don't follow. Would you mind clarifying? Thanks! ^CM

[@jessmunzing6986]

@@tradertalkswebcasts what the heck that was weird. lol so sorry. my question was is there a way to show what the 1%move above resistance is? or do you do the math in your head?