XTA: Support and Resistance

Support: 1191.5,,1059,,1025,,997(up trend line),,988,,937
Resistance: 1169(gap),,1206,,1239,,1261.5(gap),,1288.8




dyor

Cheers remo

Also this one moves within the day on occasions, is a great share for day trading.

dl.dropbox.com/u/4899609/xta20thoct.jpg

Support. 952(gap),,937,,893.9(61.8fib+horizotal support major),,861(short term trendline+Horizotal support),,823(small gap),,815(major trendline)

Resistance. 1014,,1052(trend line),,1091,,1131(gap),,1168(gap),,1206,,1239,,1261.5(gap),,1286,,1338(gap)


The level to watch on this is 893.9 as thats the strongest support area for XTA. Thats the area to really add longs on any move that way as theres 2 levels of impotant support there. Obviously on the first attempt basis.
if this can move Above 1052 then this will fly .So any finish above that will be really bullish and should send this to the recent highs above 1300

With trend line supports they change daily so one should know this.

DYOR
remo