Ask Colin

If there are no clear support levels in a weekly chart, do you switch to a daily chart or use Parabolic stops?

I will always use the daily chart anyway. I always work from the monthly to the weekly to the daily chart. I would never use only a weekly chart and not look at the daily chart.

I only use Parabolic stops where the price trends up day after day with no clear corrections. The weekly Coates Hire (COA) chart that you referred to had clear pattern of support levels on the daily.

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