What Is A Resistance Line at Jeff Cobb blog

What Is A Resistance Line. the support and resistance (s&r) lines are the trend lines representing the low and the high possible price points on a chart. ‘support’ and ‘resistance’ are terms for two respective levels on a price chart that appear to limit the market’s range of movement. when the price reaches a line of support or resistance, the price can either bounce off the line or break through it. a resistance line, sometimes also known as a speed line, helps identify stock trends and levels of support and resistance. a resistance line is a price level on a chart where a stock or asset faces selling pressure, preventing it from rising above. resistance is a price or price zone above the current market that contains the upside movement of an asset.

Stock Market Chart Analysis S&P 500 Resistance lines
from niftychartsandpatterns.blogspot.com

resistance is a price or price zone above the current market that contains the upside movement of an asset. a resistance line is a price level on a chart where a stock or asset faces selling pressure, preventing it from rising above. a resistance line, sometimes also known as a speed line, helps identify stock trends and levels of support and resistance. ‘support’ and ‘resistance’ are terms for two respective levels on a price chart that appear to limit the market’s range of movement. when the price reaches a line of support or resistance, the price can either bounce off the line or break through it. the support and resistance (s&r) lines are the trend lines representing the low and the high possible price points on a chart.

Stock Market Chart Analysis S&P 500 Resistance lines

What Is A Resistance Line the support and resistance (s&r) lines are the trend lines representing the low and the high possible price points on a chart. a resistance line is a price level on a chart where a stock or asset faces selling pressure, preventing it from rising above. ‘support’ and ‘resistance’ are terms for two respective levels on a price chart that appear to limit the market’s range of movement. when the price reaches a line of support or resistance, the price can either bounce off the line or break through it. a resistance line, sometimes also known as a speed line, helps identify stock trends and levels of support and resistance. the support and resistance (s&r) lines are the trend lines representing the low and the high possible price points on a chart. resistance is a price or price zone above the current market that contains the upside movement of an asset.

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