highsun

highsun

Hi again, so if you take a look at the horizontal line in the chart above, you might realise that it is a support point in the chart(MMM). What is a support point? Well, it is actually an indication that tells you if the company is going to go higher or lower. But there is still a chance that the market might break the support point, just like a resistance...

highsun

Hi traders, today I am going to teach you a very basic and effective indication that you can use when trading, and it is called Support and Resistance points. Support and Resistance points tell you whether the company is going to go up, or if it is going down. If you would like to know more about the Support and Resistance points individually, you can take a look...

highsun

Hi guys, here is a basic indication that you guys might use(especially if you are new to trading) And the indications are the Support and resistance points. This indication tells you if the market is going to go higher or lower. You guys can check my other posts that are more in specific in what is a resistance and support point. But if you are just looking for a...

highsun

As you can see on the chart above, if you look at it in the long run(or trading long term), this is a result of a resistance point which is clearly labelled above. First of all, how to identify a resistance point: the first thing you want to do when looking for a trade is to look for a resistance point, to tell if it is a resistance point or not, you have to see...

highsun

Hi again, as you can see on the chart above,(GoldmanSachs)(GS) it has managed to obtain a bullish candle on Friday(or yesterday, depending on where you read this) but I have just realised that whist it is bullish, the stocks are still moving sideways, so I believe that I should wait and see if it goes higher or lower, so we will see once the current stock market...

highsun

Hi guys, as you van see on the chart that Apple(AAPL) is still rising and most of you might decide to buy, but for me, I am still waiting for Apple to break its previous resistance point. Then, if it really does break the resistance point, it is an indication to us that the market is strong enough to go into the uptrend, and I will buy the stock. However, if it...

highsun

Hi guys, so this is the first trading tip, lets say you are looking at the company facebook(FB) for example, and you can see that it has two resistance points to break, but as you can see that it has nearly broken one resistance point, so it is a good sign. So when you see a company that has already broken one of the resistance points(provided that there are two)...