september day trader's thread week #3, page-147

Hi Taurisk,

Price stigma, is really anything related to the price that may be affecting its ability to move, is what i mean.

I guess i could say that a support line is a price stigma,
as with a a resistance line, or a moving average price or any psychological aspect of the price of a company.

For example, if a companies share has never gone past 99.5 cents, even after 10 attempts to do so, then that price is its stigma as it has such a psychological effect on trader anxieties.

In this case,the figure is more a trough between $1-24 right up to $1-36.
The share price seems to have difficulty sustaining itself above this that price bracket for a significant period of time and it always seems to return to sub $1-24 levels...so this becomes a price stigma.

Cheers and i am glad you appreciated my analysis, which is often more than a sweeping comment - some can;t sit through it for they only come to read market reflex actions a source that is imperative for day traders to digest FAST! I am a more long term analyser.

L