Simple if you are long you look where resistance zones
are for locking gains purposes. If looking to get long after
earnings? Here too better look where resistance is before
you even think about that. If it drops and you are long?
Look where support zones are before you opt to walk away.
Bottom line is this, use to guide
you and define your risk when entering or exiting a trade on
anything you do.
Support lines are in blue and resistance lines in red
These are not recommendations, trade at your own risk, for educational and informational purposes only.