Jul 3, 2003 22:05
21 yrs ago
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English term
key level
English
Bus/Financial
Informed and in-depth reporting also includes specialist reports such as trade flows, **key level** and technical reporting as well as fast-breaking FX market reactions to economic indicators and policy-making commentaries
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5 +2 | identification of significant chart levels | Ralf Lemster |
Responses
+2
7 mins
Selected
identification of significant chart levels
Technical analysts often identify price levels which are important for further price developments: the most common are "support" and "resistance" levels. Have a look at the "Technical Market Update" published by Julius Bär (see URL below), and you'll see what I mean. (Don't worry about the lingo, though... S-H-S means "shoulder-head-shoulder" - a classic chart pattern...)
Reference:
4 KudoZ points awarded for this answer.
Comment: "Grazie,
Laura"
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