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https://www.investopedia.com/trading/support-and-resistance-basics/
Defining Support, Resistance Support is a price level where a downtrend can be expected to pause due to a concentration of demand. Once an area or "zone" of support or resistance has been...
https://school.stockcharts.com/doku.php?id=chart_analysis:support_and_resistance
As the stock remained above resistance, 935 was established as a new support level. The stock subsequently rose to 1150, but then fell back to test support at 935. After the second test of support at 935, this level is well established.
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 and resistance are price levels that the underlying stock (or any financial trading instrument) can’t break through or exceed after multiple attempts. A support level is a price level that a stock can’t seem to fall under due to the oversupply of buyers.
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