Resistance level: Difference between revisions

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imported>Doug Williamson
(Expand definition. Sources: linked pages.)
imported>Doug Williamson
(Add illustration. Source: Rightline.net http://www.rightline.net/education/supportandresistance.html)
 
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In combination with a support level, a resistance level may indicate the upper boundary of a range of prices, within which the asset is expected to trade.
[[File:Support_and_Resistance.png|thumb|left]]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
''Source: Rightline.net''
 
 
A resistance level may indicate the upper boundary of a range of prices, within which the asset is expected to trade.





Latest revision as of 00:13, 8 March 2021

Technical analysis.

A chartism term denoting a level of prices at which a movement has historically faltered or stabilised.


File:Support and Resistance.png











Source: Rightline.net


A resistance level may indicate the upper boundary of a range of prices, within which the asset is expected to trade.


See also