Technical_Analysis_page_281

Technical | Analysis page 281 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

252 Part Ill. Trend Analysis What does the term resistance mean? How is resistance generally drawn on a chart? Explain the psychology behind support and resistance levels. Jonathon is watching the stock of his favorite company trade in a congestion area. He is watching closely for a breakout to…