Break And Hold Resistance In Stocks

Break and Hold Resistance in Stocks: An Analysis of Market Dynamics

When a stock breaks resistance, it means that the price has moved above a resistance area. Resistance levels often act as a ceiling, preventing the price from rising further. However, when a resistance level is broken, its role is reversed, and it may become a support level. Support levels act as a “floor” that tends to hold the price above it. Good trading opportunities arise when resistance or support levels are broken.

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.

Don't forget to hit the Subscribe and the Like buttons and click on the Bell for video updates. Thanks for watching!!!

Contact

Website: www.entrepreneurchannel.ca
Email: [email protected]