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https://stackedbid.com/support-resistance/
Both the support and resistance lines are not absolute points on a chart. When a stock approaches either line, maybe a bounce happens a few cents from the support or resistance. For example, let’s say support is drawn at $4.50 and the stock is approaching this line.
https://www.investopedia.com/trading/support-and-resistance-basics/
Support and resistance levels are one of the key concepts used by technical analysts and form the basis of a wide variety of technical analysis tools.
https://speedtrader.com/three-ways-to-find-support-and-resistance-levels/
Jun 02, 2016 · Once the initial support and resistance are calculated, then there are four additional levels to be extrapolated to cover the potential full range of movement for the underlying stock. Resistance Level 2 = (Pivot Point – Support Level 1) + Resistance Level 1 Support Level 2 = Pivot Point – (Resistance Level 1 – Support Level 1)
https://www.ino.com/blog/2010/12/how-to-determine-where-the-real-support-and-resistance-is-everyday/
Dec 05, 2010 · Most traders calculate support and resistance levels incorrectly, and to make their job even harder, they generally don't know how to trade around them. Many traders will use an old high or an old low and assume they've found support or resistance. That …
https://www.easycalculation.com/finance/pivot-points-trading.php
This Pivot Points Calculation For Trading resistance and support level is highly useful to anyone involved in online forex trading, option trading, fx options, online future trading. Using this pivot points calculator, the idea of trading and the idea of where the market is heading during the course of the day can be got with only a few simple calculations.
https://www.traderji.com/community/threads/formula-to-calculate-resistance-and-support-levels.4137/
Oct 01, 2005 · hereunder I am giving the formula for calculating PIVOT POINTS for resistance and support of a particular stock: PIVOT POINT = PP H = PREVIOUS DAYS HIGH L = PREVIOUS DAYS LOW C = PREVIOUS DAYS CLOSE PIVOT POINT: PP = H+C+L / 3 FIRST RESISISTANCE : R1 = 2PP - L FIRST SUPPORT : S1...
https://www.investopedia.com/articles/trading/06/pbvchart.asp
Support and resistance levels are simply areas beyond which the price has difficulty moving due to large buying or selling interests. To determine areas of support or resistance, simply do the ...
https://www.quora.com/What-is-the-actual-formula-used-to-find-the-support-and-resistance
Apr 02, 2017 · The opposite from support is resistance which is the price level of a particular instrument where there is not enough demand should price reach that level for prices to continue to rise.Its a level at which the stock resist from moving upwards.
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