Support And Resistance Lines

Every day trader knows that being able to identify the lines of support and resistance is crucial for success in the stock market. Support is the price point marked by the level where the stock will stop falling. Resistance is the opposite, or the price point marking the level where the stock price will stop rising. Knowing the zones created by these lines allows day traders to jump into the market with the momentum of the trading session, the best formula for financial success.

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Recognizing Support and Resistance Lines
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