Resistance(technical_analysis) Resistance(technical_analysis)

Resistance(technical analysis) - Definition and Overview

The resistance level is the highest price a security trades at over a period of time. The price stops rising because sellers begin to outnumber buyers. The more often the price reaches a particular level of resistance and fails to break through, the stronger the resistance at that level. For this reason, many traders believe that the stronger the resistance, the less likely the price will break through that level.

External links

Resistance (http://www.tradingeducators.com/resources/glossary_p.htm#R/)


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Example Usage of Resistance(technical
paperfutures: Technical Analysis for Energy Markets: Crude breached scattered resistance levels yesterday and hit into main pivot... http://bit.ly/5RlY3v
sneakamon: Technical Analysis for Energy Markets: Crude breached scattered resistance levels yesterday and hit into main pivot... http://bit.ly/5RlY3v
brokerz_forex: RT @neuromancer1978 - @TIME Dec 16th 2009 Technical Analysis EUR/USD Resistance 1.4685-1.4703/Support1.4440/81 #mkt, #forex, #trading, #...
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