The following is Technical Analysis for the Nasdaq ( NAS ) for 3/5/09Nasdaq Support & Resistance Levels - March 5, 2009
Resistance Levels: 1392, 1400, 1456
Support Levels: 1315, 1295
http://stockcharts.com - Chart
The Nasdaq finally had a great day but we are only back to Monday's high. Keep an eye on the next resistance level at the 10 day moving average which tomorrow will be around 1385. 1400 would also be resistance.
Support at 1315 continues to hold and if we close below 1315 I think we will break 1300 and go to a new 52 week low. For More Technical Analysis - Go Here
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
Support at 1315 continues to hold and if we close below 1315 I think we will break 1300 and go to a new 52 week low. For More Technical Analysis - Go Here
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
