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Message: Re: Where's the support?-level 2 - question
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Aug 24, 2010 09:54AM
2
Aug 24, 2010 10:10AM

Support is basically the price at which there seems to be enough bids or enough demand for our product that it should prevent the sp from going below that level. Resistance is the opposite in that there is enough selling at a certain price to prevent the sp from going above said price.

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