Using the Yahoo 5 day hourly chart is a good way to know the recent short term support and resistance levels .
EOD charts are used to locate a buy/sell signal and then this 5 day Yahoo chart is used to locate entry exit levels.
Actual execution is done when the stock comes within this range on your on line terminal.
Pivot points are used to select appropriate exit and stop levels.
Regards,
Sunil Saranjame.
EOD charts are used to locate a buy/sell signal and then this 5 day Yahoo chart is used to locate entry exit levels.
Actual execution is done when the stock comes within this range on your on line terminal.
Pivot points are used to select appropriate exit and stop levels.
Regards,
Sunil Saranjame.