Two KEY trading concept in one example

Multiple Timeframe Analysis and Support Turned Resistance are two price action analysis techniques with which all traders should make themselves familiar.

Multiple Timeframe Analysis SIMPLIFIES going through many instruments looking for opportunity. This will make analysis easier on your brain! It can also greatly increase profit rewards with more ambitious long term targets.

Support Turned Resistance is something traders must train their brain to see but can also be aided by looking farther back on a chart.

Users on my social media inspired these questions with an example in the stock HXL... keep active even in these slow markets!