SAR Calc - Understanding

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NextBest
Posts: 2
Joined: Tue Jan 29, 2013 9:57 am

SAR Calc - Understanding

Post by NextBest »

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.
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