Friday, July 9, 2010

PGAS - SUPPORT & RESISTANCE

PGAS 3900 IS A GOOD NUMBER FOR BOTH SUPPORT & RESISTANCE. AS LONG AS PRICE > 3900, PGAS WILL TRY TO TEST RESIST 4200 & ALL TIME HIGH RESIST 4400.

IF SUPPORT 3900 BREAKDOWNS (PRICE CLOSE < 3900), TARGET WILL MOSTLY LIKELY GO DOWN TO 2ND SUPPORT AT 3625.