rleelewes
its quite obvious from ur post that our prospect in interpreting is totally different.
""I think 0.225 would be called support, not resistance.""
and yes its called support from ur point or generally when ur bullish but when u go short its resistance price for the share to fall. well these are just technical but as u mentioned all TA like MACD are indicating this COULD be the bottom -only time will tell that. have a look at FER jumped more than 50 % after which some may say it has reached its peak but alias next day up around 30 % again .similar story with VOB.
lesson to be learn : Never buy when a stock is falling
( i.e bottom picking ) and its never too high to buy or never too low to sell .
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rleelewes its quite obvious from ur post that our prospect in...
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