Supports and Resistances
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ENRC Support & Ressistance

13 years 7 months ago #3991 by Libero

Replied by Libero on topic ENRC Support & Ressistance

It sure has been a bull of late.

History shows that 435 (approx!) could be a ceiling to test (its been a while mind!)

the 50 MA is about to cross the 100 MA (not as a significant as 50 crossing 200, but it might be a tell!

The following user(s) said Thank You: ronnie, remo, acca01

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13 years 7 months ago #3988 by longterm_view

Replied by longterm_view on topic ENRC Support & Ressistance

acca01, here's my take.

Weekly
dl.dropbox.com/u/21384991/Eurasian%20Nat%20Resw%20%28DFB%29.png

Daily Close Up
dl.dropbox.com/u/21384991/Eurasian%20Nat%20Res%20%28DFB%29.png

I would wait for a close above the red trendline, there seems to be a trendline and an area of horoizontal around 420-430.

After it closes through the trendline, look to enter on the backtest.

Hope it helps.

The following user(s) said Thank You: ronnie, remo, acca01, Libero, Wreckless Eric

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13 years 7 months ago #3987 by acca01

ENRC Support & Ressistance was created by acca01

Hi can any one please help with support and resistance for this one. Thanks.

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