Sunday, 9 May 2010
100% of the range as resistance
Here are 2 very disparate stocks,Apple and Templeton Emerging mkts investment trust,that have both been fabulous performers,both showing the importance of 100% of the previous range as a strong resistance level,as stressed both by Gann and Frank Tubbs.In this case I have used multi-year ranges,but the market's "memory" is such that they are still respected ...awesome !
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