BuyemSellem

BDEV - 1Day Chart Analysis

LSE:BDEV   BARRATT DEVELOPMENTS PLC ORD 10P
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Levels of support and resistance detailed.

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Thanks! I'm new to this and your chart helps me a lot. Would you mind telling me what is the yellow line serves as? Is that a mnthly support line?
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BuyemSellem ScottyDD
@ScottyDD, The yellow line signifies an area of support, an area to either close your short and take profit or open a long position. I'm not sure if we have strong support here just wait and see how this week plays out!
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