Home > Articles > Volume 39 (2021) > Chapter 2 (February 2021) > Stocks & Commodities V. 39:02 (14–18): Dynamic Support And Resistance by Mike B. Siroky, MD

Stocks & Commodities V. 39:02 (14–18): Dynamic Support And Resistance by Mike B. Siroky, MD

Stocks & Commodities V. 39:02 (14–18): Dynamic Support And Resistance by Mike B. Siroky, MD
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Dynamic Support And Resistance by Mike B. Siroky, MD

Here’s how you can use the principles of random walk theory to develop volatility-based dynamic support and resistance lines that can be useful in either oscillating or trending markets.

Ohio State football coach Woody Hayes allegedly said, “Three things can happen when you throw the ball, and two of them are bad.” Paraphrasing, three things can happen when you buy a stock, and two of them are bad. The stock can go down, it can oscillate in a range, or it can go up ...




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