A stock support level is a value that the share price has declined to several times but not continued on to lower values.
A stock support level is where the stock is rising till but cannot break through that level
What is a resistance level?
Resistance in technical analysis is a price level that a rising stock can't seem to overcome.
A stock resistance level is a value that the share price has declined to several times but not continued on to lower values.
How do you find support and resistance?
Draw a line that connects two or more recent stock price peaks, and another line that connects two or more recent price lows.
You search for the biggest candle stick on the 5m chart, the green one is resistance the red one is support.
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