Interesting across time frames
Today, let's look at what is called "time frame continuity". It basically means that we want to see the price moving in the same direction across various time frames. The most common times frames are monthly, weekly and daily. Let's start with the longer term and then move towards the shorter ones. Here's the monthly chart of International Game Technology ($IGT). The old resistance (red arrow) has now become support (blue arrows) on multiple occasion. Right now, being one of