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https://www.swing-trade-stocks.com/support-and-resistance.html
Tip: The more times a stock hits a support or resistance area the weaker it becomes (and the possibility of a breakout increases). Look back up at the previous chart. That stock hit the $26.50 area several times before finally breaking out.
https://speedtrader.com/three-ways-to-find-support-and-resistance-levels/
Jun 02, 2016 · Support Level 3 = Pivot Point – (Resistance Level 2 – Support Level 2) The pivot points result in six total price levels composed of three supports and three resistances. These levels remain in place regardless of where the stock is trading.
https://www.investors.com/ibd-university/chart-reading/support-resistance-1/
Support is a price level where the stock tends to find support when it's declining. In theory, it's a price level where demand (buying power) is strong enough to prevent the price from declining...
https://finance.zacks.com/support-resistance-levels-stocks-2299.html
A stock support level is a value that the share price has declined to several times but not continued on to lower values. On a chart of the stock share price, the support level is indicated by a horizontal line with the share value coming down to the line several times before returning to higher price levels.
https://tradingsim.com/blog/how-to-buy-a-stock-at-support/
Apr 21, 2014 · As you look at these charts, the support levels will pop out at you as the congestion zones are super clear. Below is a point and figure chart of the stock MSFT. Notice how the stock bounced off support in the $450 region and then make a move up to $570.
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