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Scanning for stocks that are at Support or Resistance Rate this Topic:
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dpm000
Posted : Friday, May 4, 2007 4:27:23 AM
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Joined: 10/7/2004
Posts: 15
What would a scan for stocks at support or resistance look like if support was defined as the prervious low -- and for those at resistance , resistance defined as previous high
Craig_S
Posted : Friday, May 4, 2007 5:59:03 AM


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Joined: 10/1/2004
Posts: 18,819
Previous day's low/high? Previous lowest low or highest high over X days?

Can you elaborate?

- Craig
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Bruce_L
Posted : Friday, May 4, 2007 9:58:45 AM


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Joined: 10/7/2004
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dpm000,
You may wish to review the following topics with answers where you asked this question previously:

support and resistance pcf criteria
support and resistance criteria

You may also wish to review the following topic covering how to find topics in which you have participated (or other topics of interest):

Learn how to use the forums: post a new topic, reply, Search existing topics

-Bruce
Personal Criteria Formulas
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dpm000
Posted : Monday, May 7, 2007 1:05:47 PM
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Joined: 10/7/2004
Posts: 15
QUOTE (Craig_S)
Previous day's low/high? Previous lowest low or highest high over X days?

Can you elaborate?
- as you look back to the left on the chart the bottom of the last down move that is below the current price in a down move would be the previous low --

in an up move, as you look back to the left on the chart ,the first TOP that you see, of the previous up move, define it as the previous high

I hope that is clear !!??
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