A resistance level—often referred to simply as “resistance”—is a price above which a stock doesn’t tend to rise over a given period of time. In other words, it is the presumed “ceiling ...
For others, trend lines and support and resistance are very useful for picking entry points for a long-term investment or a short position. Finally, others use stock charts in their investing but ...
Shares of the AES Corporation (AES) are trading at a resitance level. Some traders may consider a market neutral option ...