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If a stock is priced at $42 per share, a round-number trader may see $40 as the support line and $45 as the resistance line. Some traders may get bullish if the stock exceeds $45/share or fails to ...
Learn how to read stock charts with this beginner-friendly guide. Understand trends, support and resistance levels, volumes and essential chart types for smarter investing.
The pattern was characterized by an upward support line formed by higher lows at $72.96 and $80.37, and an upward resistance line shaped by higher highs at $88.83 and $90.87. See below.
A trend line sat neatly across the top of the weeks ended April 13, 2012, May 4, 2012 and April 12, 2013. That set out a buy point near 740, a level the stock cracked in rising trade on May 9 and ...
The 200-week SMA is a classic support line during periods of downward BTC price pressure, and losing it is a phenomenon characterizing the pit of Bitcoin bear markets. 2022, however, saw Bitcoin ...
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