SAR Calc - Understanding
Moderator: Chris White
SAR Calc - Understanding
Please confirm calculation accuracy of the Parabolic Stop and Release. GM closed Friday (6/28/13) at $33.31. The SAR seems to be showing a Resistance at $33.29 on a Daily time frame. Once price penetrates the Resistance isn't a new calculation engaged on the other side of the market (Support)? Any help is appreciated.