Searching for Stock Market Support Resistance information? Find all needed info by using official links provided below.
https://www.investopedia.com/trading/support-and-resistance-basics/
Another common characteristic of support/resistance is that an asset's price may have a difficult time moving beyond a round-figure price level such as $50. Most inexperienced traders tend to buy...
https://www.swing-trade-stocks.com/support-and-resistance.html
Tip: The more times a stock hits a support or resistance area the weaker it becomes (and the possibility of a breakout increases). Look back up at the previous chart. That stock hit the $26.50 area several times before finally breaking out.
https://school.stockcharts.com/doku.php?id=chart_analysis:support_and_resistance
Support and resistance represent key junctures where the forces of supply and demand meet. In the financial markets, prices are driven by excesses of supply (down) and demand (up). Supply is synonymous with bearish, bears and selling. Demand is synonymous with bullish, bulls and buying.
https://www.tradingview.com/ideas/supportandresistance/
Support and Resistance is one of the most used techniques in technical analysis based on a concept that's easy to understand but difficult to master. It identifies price levels where historically the price reacted either by reversing or at least by slowing down and prior price behavior at these levels can leave clues for future price behavior.
https://www.thebalance.com/how-to-trade-based-on-support-and-resistance-levels-4043477
Nov 20, 2019 · Simply put, an area of support is where the price of an asset tends to stop falling, and an area of resistance is where the price tends to stop rising. But traders really need more information about support and resistance beyond those simple definitions before they attempt to make trading decisions based on those areas in a chart.
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