Resistance level: Difference between revisions

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imported>Doug Williamson
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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.''
A chartism term denoting a level of prices at which a movement has historically faltered or stabilised.
A chartism term denoting a level of prices at which a movement has historically faltered or stabilised.
[[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.




== See also ==
== See also ==
* [[Breakout]]
* [[Chartism]]
* [[Chartism]]
* [[Support level]]
* [[Technical analysis]]
[[Category:The_business_context]]
[[Category:Financial_products_and_markets]]
[[Category:Technology]]

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