Chart Analysis
Support & resistance
Prices keep stopping at certain levels. Here's how to spot the floor and ceiling.
On a chart, prices tend to stop or bounce at certain levels. The floor that holds prices up is support; the ceiling that caps them is resistance.
PriceExample
When price breaks above resistance, that line often becomes new support — and vice versa. That's why investors watch these levels closely.
Quick check
What is a support level?
Famous chart patternsSTEP 1 / 7
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