Resistance is a technical analysis concept where a stock price repeatedly fails to break above a certain level due to selling pressure. When resistance is broken, it often becomes a new support level. Traders use resistance levels to identify potential exit points or to confirm breakout trades.
Key Takeaways
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Quick Reference
Category
technical
Difficulty
Beginner
Reading Time
1 min
Related Terms
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Where You'll See This
This concept appears throughout stock detail pages and financial data.