Community

Share knowledge. Find answers. Ask questions.

Online Share Trading

Engage and learn about markets and trading online

Support/Resistance,

Reply
Highlighted
conradl
Contributor
I'm now going to ask a simple question. Looking at the chart of AGL, in the last week the share been dropping quite a bit. Where is the support point for it? I tend to think that its R200, is this correct or what am i doing wrong?
0 Kudos
3 REPLIES 3
Not applicable
I see R170 as support hit 20 Nov 2008.
0 Kudos
Super Contributor
Yip, and then at about R140 by my calcs
0 Kudos
conradl
Contributor
How do u calculate a support price? Any advice on TA books that i can read?
0 Kudos