Searching for Stock Resistance And Support Charts information? Find all needed info by using official links provided below.
https://school.stockcharts.com/doku.php?id=chart_analysis:support_and_resistance
Support was established with the October low around 31. In December, the stock returned to support in the mid-thirties and formed a low around 33. Finally, in February, the stock again returned to the support scene and formed a low around 32 1/2. After each bounce off support, the stock traded all the way up to resistance.
https://www.swing-trade-stocks.com/support-and-resistance.html
On a chart, we call this resistance. Demand is an area on a chart where buyers are likely going to overwhelm sellers causing the stock to go up. On a chart, we call this support. Knowing this, it only makes sense to buy at support and sell at resistance!
https://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:support_and_resistance
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https://www.tradingview.com/ideas/supportandresistance/
The fact that these levels flip roles between support and resistance can be used to determine the range of a market, trade reversals, bounces or breakouts. Each of these trades will have their own rules for entry and exit. TradingView has a smart drawing tool that allows users to visually identify these levels on a chart.
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