How to Trade in the Zones

Trader Tip – How to Trade In The Zones

Today I want to talk about how to trade in the zones.  Specifically, support and resistance zones.  They add another dimension to horizontal support and resistance lines you may already be familiar with. Let’s take a look at the weekly chart for Tesla.   The BLUE RECTANGLE highlighted represents a recent support/resistance zone for this stock.  The upper and lower lines of the rectangle are support and resistance lines that have rejected price on multiple occasions and […]

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