That's why, on my computer screen, I always simultaneously display the Daily, 60min, 15min, 3min, 2min,1min, and 133t (when daytrading).... for swings i only use 15,60, daily weekly (not much emphasis on weekly for short term swings) ... if the daily, 60min, 15min are all "up", then i go heavily long (more shares) because multiple layers of support exist.
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
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