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How To Find Support & Resistance Levels In Trading
When trading based on technicals, price action associated with support and resistance levels are key, regardless of whether you are day trading, swing trading, or investing. In this video, I show you support and resistance on a daily chart for Gamestop (GME) as well as on a 5 minute intraday chart for Snapchat (SNAP).
0:00 - 0:25 Introduction
0:25 - 1:15 Volatile Or Calm?
1:15 - 2:01 Understanding & Reading Candles
2:01 - 3:08 Gamestop Daily Support & Resistance
3:08 - 3:33 Include RSI
3:33 - 5:05 SnapChat 5 Minute Support & Resistance
5:05 - 6:25 Trade Early
6:25 - 7:01 Conclusion
***Disclaimer: This is for educational purposes containing my personal opinions and approaches, this is not investment advice. All trades are made in my smaller accounts to accommodate reasonable expectations for beginning traders with smaller accounts.***
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#stocks #stockmarket #investing #daytrading #swingtrading #daytrader #money #makingmoney #investingforbeginners #tdameritrade #beststockapps #howto #tutorial #support&resistance #technicalindicators #thinkorswim #snap #gme #gamestop #snapchat
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