As of 03/24/2023
Indus: 32,238 +132.28 +0.4%
Trans: 13,707 +18.91 +0.1%
Utils: 911 +28.13 +3.2%
Nasdaq: 11,824 +36.56 +0.3%
S&P 500: 3,971 +22.27 +0.6%
|
YTD
-2.7%
+2.3%
-5.9%
+13.0%
+3.4%
|
30,900 or 33,100 by 04/01/2023
15,350 or 13,400 by 04/01/2023
940 or 860 by 04/01/2023
12,450 or 11,000 by 04/15/2023
4,100 or 3,800 by 04/01/2023
|
|
As of 03/24/2023
Indus: 32,238 +132.28 +0.4%
Trans: 13,707 +18.91 +0.1%
Utils: 911 +28.13 +3.2%
Nasdaq: 11,824 +36.56 +0.3%
S&P 500: 3,971 +22.27 +0.6%
|
YTD
-2.7%
+2.3%
-5.9%
+13.0%
+3.4%
|
30,900 or 33,100 by 04/01/2023
15,350 or 13,400 by 04/01/2023
940 or 860 by 04/01/2023
12,450 or 11,000 by 04/15/2023
4,100 or 3,800 by 04/01/2023
|
|
Bulkowski's Surmodics (SRDX) Support/Resistance Quiz
Released 4/1/2022.
SRDX: Quiz
Below is a support and resistance quiz. Captions appear below the pictures for guidance, so be sure to scroll down far enough to read them.
1 / 6
In the above chart, price is about to tumble. Where will it stop? Where will it pause before continuing on?
The answers are on the next slide.
2 / 6
The red lines show support as the stock drops. The green lines show overhead resistance on the way back up. If you guessed nearly any price in the top half of the
chart, you weren't far from a turning point.
More on the next slide.
3 / 6
This chart shows the round numbers in red (20, 30, 40, and 50) and green shows the 5s: 25, 35, 45 and 55. Notice how often price stalls near round numbers. The semi log scale is used.
More on the next slide.
4 / 6
Price is about to move up. Where will it stall or reverse?
The answer is on the next slide.
5 / 6
The red lines show downward turning points, green lines show upward ones.
See the next slide for round number support and resistance.
6 / 6
Red lines show round numbers in multiples of 10, such as 20, 30, 40. Green lines are the 5s, such as 25, 35, and 45. Notice how often price turns near round numbers.
The End.
❮
❯
See Also
Support this site! Clicking any of the books (below) takes you to
Amazon.com If you buy ANYTHING while there, they pay for the referral.
Legal notice for paid links: "As an Amazon Associate I earn from qualifying purchases."
Copyright © 2005-2023 by Thomas N. Bulkowski. All rights reserved.
Disclaimer: You alone are responsible for your investment decisions. See
Privacy/Disclaimer for more information.
Some pattern names are registered trademarks of their respective owners.