In stocks, support and resistance refer to specific levels at which buyers or sellers are thought to enter or exit a market. Support refers to a price level at which there is a high likelihood that buyers will enter the market and prop up prices. Resistance, on the other hand, is a price level at […]
How To Calculate Support And Resistance Levels For Stocks
In order to make money in the stock market, you need to buy stocks when they are trading below their support levels and sell them when they trade above their resistance levels. In order to calculate support and resistance levels for stocks, you need to use a few technical indicators, including moving averages and volume. […]
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