YOUR FREE TRADING SYSTEM: http://www.netpicks.com/tjgiveaway1 When I look at an area that has held price, what matters to me is how long price hung around at the support or resistance level. Fast rejections due to buying or selling pressure is something I would consider strong. If price tends to hang out at the level or rejects and quickly returns, I think it’s safe to suggest lack of buying or selling interest. Multiple Price Rejections I think it is a dangerous practice to simply assume that multiple hits and rejection is a direct relation to strong levels. What occurs quite often is a confidence booster that in the end, causes some oversize in the loss department. Read more: http://www.netpicks.com/support-and-resistance-trading/