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https://www.investopedia.com/trading/support-and-resistance-basics/
Often, a support level will eventually become a resistance level when the price attempts to move back up, and conversely, a resistance level will become a support level as the price temporarily ...
https://school.stockcharts.com/doku.php?id=chart_analysis:support_and_resistance
Resistance was first established by the September support break at 42.5. After a support level is broken, it can turn into a resistance level. From the October lows, the stock advanced to the new support-turned-resistance level around 42.5. When the stock failed to advance past 42.5, the resistance level was confirmed.
https://www.tradingview.com/ideas/supportandresistance/
Support and Resistance levels can be identifiable turning points, areas of congestion or psychological levels (round numbers that traders attach significance to). The higher the timeframe, the more relevant the levels become.
https://www.thebalance.com/how-to-trade-based-on-support-and-resistance-levels-4043477
Nov 20, 2019 · Minor support and resistance levels don't hold up. For example, if the price is trending lower, it will make a low, then bounce, and then start to drop again. That low can be marked as a minor support area since the price did stall out and bounce off that level.
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