Support and Resistance

What is Support and Resistance When Trading in Stock?

Support and resistance are two foundational concepts in technical analysis. Understanding what these terms mean and their practical application is essential to correctly reading price charts. Resistance is the opposite of support. Prices move up because there is more demand than supply. As prices move higher, there will come a point when selling will overwhelm the desire to buy. This happens for a variety of reasons.

Disclaimer

Please note that this show is for education purposes only. We will not give you any financial advise. If you would like to learn about Day Trading first hand and trade while learning, Go to American Dream trading.com by copying and pasting this link to your browser, https://upgrade.chat/american-dream-trading?referralCode=871776530089521193 and follow their links. Chad is the Host. With 30+ years of experience in day trading, he is your main sorce to succedding in market daytrading. Or, if you are wanting to go long term in stock trading, check out Alpha Invester or Banyanhill.com. Your future self will love you for it.

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