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https://www.investopedia.com/terms/s/support.asp
Nov 25, 2019 · Support and resistance levels are at the core of technical analysis. Fundamental analysis takes a company's performance and history into account to determine the future direction of the stock, whereas technical analysis uses patterns and trends in price.
https://finance.zacks.com/support-resistance-levels-stocks-2299.html
Technical analysis of the stock market is the study of stock prices for indications of where the prices will go in the future. The concepts of support and resistance levels are basic building blocks of the technical analysis of stocks. Even if you are an investor who buys stocks on the fundamentals,...
https://www.investopedia.com/trading/support-and-resistance-basics/
Technical analysts use support and resistance levels to identify price points on a chart where the probabilities favor a pause, or reversal, of a prevailing trend.
https://www.swing-trade-stocks.com/support-and-resistance.html
On the short side: When a stock rises up to a prior high it is more significant that when a stocks rises up to a prior low. Here is an example: The chart above shows how stocks run into resistance and find support. When this stock reached a prior high (resistance), it fell. When it reached a prior low (support), it rose. Now, look at the next ...
https://www.thestreet.com/investing/support-and-resistance-technical-analysis-primer-11034368
Aug 24, 2015 · Would-be technical analysts can become pretty skilled at picking out support and resistance levels without actually understanding the mechanics of how these price levels work to restrict stocks ...
https://www.fidelity.com/learning-center/trading-investing/technical-analysis/introduction-technical-analysis/support-and-resistance
These support and resistance levels are seen by technical analysts as crucial when determining market psychology and supply and demand. When these support or resistance levels are broken, the supply and demand forces that created these levels are assumed to have moved, in which case new levels of support and resistance will likely be established.
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