One of the most basic concepts of technical analysis is support and resistance. Key points below the current price are known as support, and those above the current price are resistance.
Nifty daily chart is showing a formation of small red candle. Market experts said that Nifty may consolidate in the range of ...
Moving averages can indicate support and resistance levels ... and are generally the first indicator to go on any price chart. A rising moving average indicates an uptrend, with momentum favoring ...
You see, in reality, support and resistance are price zones, not exact numbers. This is clearly visible when switching from a higher timeframe to a lower one: an horizontal line on a weekly chart ...
The S&P 500 is one of the most valuable financial benchmarks, offering real-time views of current market health and economic ...
FedEx shares traded sharply lower Friday after the logistics giant trimmed its full-year outlook amid soft demand and ...
Resistance —the opposite of support—is the price above which a security doesn't tend to rise over a particular period of time. A resistance level—often referred to simply as “resistance ...