Technical
Support and Resistance
Quick Definition
Price levels where buying pressure (support) or selling pressure (resistance) historically causes prices to pause, reverse, or accelerate.
In Plain English
Imagine invisible floors and ceilings. Support is a price where buyers consistently step in—they see value and buy, preventing further drops. Resistance is where sellers take profits.
Example
Apple found strong support at $175—every time it dropped to that level over 3 months, buyers pushed it back up.
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