Support and resistance lines are a popular form of technical analysis. In this blog we break it down, talk about how to find them, and important factors to consider.

Speed resistance lines refer to a tool used in technical analysis to indicate support and resistance levels in the market. The tool is represented by a series of three trendlines drawn directly on ...

If a stock is priced at $42 per share, a round-number trader may see $40 as the support line and $45 as the resistance line. Some traders may get bullish if the stock exceeds $45/share or fails to ...

Support and resistance lines are charting techniques that help investors better visualize past price movements. Learn about what they indicate and how they’re used by investors.

The Bottom Line. Support and resistance levels are key concepts that form the basis of a wide variety of technical analysis tools. The basics of support and resistance consist of a support level, ...

Like a support line, a resistance line can be horizontal, at an incline, or at a decline depending on the direction a stock’s price is trending over the longer term.

There are several ways to identify and draw support and resistance lines on a chart. Here are four ways to do it (and remember, you can combine them): 1. Peaks and troughs. To draw your lines using ...

The most reliable forex chart patterns are found on a 4 hour chart, and include linear trend-lines and channels that reveal straight forward support and resistance areas. An issue arises in how most ...

Others use simple moving average trend lines to spot support and resistance levels, using, for instance, 200-day and 50-day moving average lines to identify points of support and resistance: ...

Channel lines are straight lines that are drawn parallel to basic trendlines. A rising channel line would be drawn above the price action and parallel to the basic trendline (which is below the price ...