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Stocks above pivot point resistance level- Pivot point (pp) = (high + low + close) / 3, support and resistance levels are then calculated off the pivot point like so: first level support and resistance: first resistance (r1) = (2 x pp) – low first support (s1) = (2 x pp) – high
Stocks above pivot point resistance level- Pivot point (pp) = (high + low + close) / 3, support and resistance levels are then calculated off the pivot point like so: first level support and resistance: first resistance (r1) = (2 x pp) – low first support (s1) = (2 x pp) – high
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