Here is a perfect example of the power of "KEY HIDDEN LEVELS" to provide you with important support and resistance levels automatically with the click of a button. You can see where portfolio managers and investors place the value on stocks on and around the days that companies report earnings and provide guidance to business conditions each quarter.
This picture tells the story very well here - and again - these lines were drawn automatically without any alteration.
***Subscribe to "KEY HIDDEN LEVELS" in the "indicators: marketplace add-ons" window to have the earnings triangles and support/resistance lines plot automatically.
Comments
A-shot
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The levels worked!
timwest
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REACHED THE TARGET
sohoj
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I will wait for the retest of the support. This kind of breakout usually followed by a pullback.
timwest
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The Alibaba IPO has really brought some attention to the low valuation of YHOO overall. Not a "usual" situation, overall. It was hard to hold long here.
A_Swissa
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hello tim
would you go long here or wait for price to retest 36.7 key hidden level?
timwest
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I would sell the $37 puts (cash secured puts) going out 2 months to October. And I would buy on dips to $37. The range expansion yesterday is a sign that the gap open level wont be tested for awhile.