A line in the technical price chart of a security which is tested by the price but finds it very difficult to cross time and again. This happens due to the profit taking at this level. The supply suddenly increases at resistance level because of which stock fails to rise beyond resistance levels.
Same Terms Found in OptionAutomator’s Content:
A line in the technical price chart of a security which is tested by the price but finds it very difficult to cross time and again. This happens due to the profit taking at this level. The supply suddenly increases at resistance level because of which stock fails to rise beyond resistance levels.
Same Terms Found in OptionAutomator’s Content:
