And even better: draw the lines, especially the horizontal ... it tends to form a Support or Resistance level. Your next logical quest will be to identify them on a price chart.

A stock’s resistance level is the price it tends not to ... Two different investors might draw two different support lines depending on the respective time frames each wishes to examine.

Pivot points help traders identify support and resistance levels by calculating the average of the previous period's high, low, and closing prices. One of the few technical analysis indicators ...

Because these two investors have different goals, they would draw different resistance lines on different graphs. Support is the opposite of resistance. If a stock’s resistance level represents ...