BHI broke out, and some day trading education

    Posted by matt on 16th of Feb 2011 at 01:15 pm

    I posted BHI just a little bit ago with resistance at 70, it broke out.

    now here's a day trade example of looking for large offers on the quote screen that also matches the resistance.  For BHI there was a large offer that also matched the $70 resistance on the chart.  notice how the offer size dwarfed the other offer sizes

    Quote screen

    Posted by rsinima on 16th of Feb 2011 at 01:53 pm

    How do you find quot screen charts?

    rsinima - that's a Level

    Posted by steve on 16th of Feb 2011 at 01:56 pm

    rsinima - that's a Level 2 or Level 3 view that Matt showed below.  Ask your quote provider (broker) for how to access.

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