Resistance level: Difference between revisions
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imported>Doug Williamson (Add illustration. Source: Rightline.net http://www.rightline.net/education/supportandresistance.html) |
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''Technical analysis.'' | ''Technical analysis.'' | ||
A chartism term denoting | A chartism term generally denoting an upper level of prices at which a movement has historically faltered or stabilised. | ||
A resistance level may indicate the upper boundary of a range of prices, within which the asset is expected to trade. | A resistance level may indicate the upper boundary of a range of prices, within which the asset is expected to trade. | ||
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* [[Technical analysis]] | * [[Technical analysis]] | ||
[[Category:Financial_products_and_markets]] | [[Category:Financial_products_and_markets]] | ||
[[Category:Technology]] | [[Category:Technology]] | ||
[[Category:The_business_context]] | |||
Latest revision as of 20:43, 25 December 2024
Technical analysis.
A chartism term generally denoting an upper level of prices at which a movement has historically faltered or stabilised.
A resistance level may indicate the upper boundary of a range of prices, within which the asset is expected to trade.
