Resistance level: Difference between revisions

Revision as of 15:34, 30 July 2020

Technical analysis.

A chartism term denoting a 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.

Revision as of 15:13, 30 July 2020 (view source) imported>Doug Williamson (Expand definition. Sources: linked pages.) ← Older edit		Revision as of 15:34, 30 July 2020 (view source) imported>Doug Williamson (Simplify second sentence.) Newer edit →
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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.		A resistance level may indicate the upper boundary of a range of prices, within which the asset is expected to trade.