resistance level
Barrier to progress
A resistance level is a price point that an asset struggles to rise above, where selling pressure tends to increase.
In technical analysis, traders watch these thresholds because prices have historically stalled or reversed there: The stock hit resistance at $150 three times before breaking through.
The opposite is a support level, where prices tend to stop falling.
- price ceilingMandated maximum charge
- ceilingRoom's upper surface
- technical analysisMarket forecasting via statistics
- head and shouldersDistinctly better than others
- bounceSpring back after impact
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