Support & Resistance.
•Support
•Trend line.
•RSI Indicator.
Presented By: Engr. Faiz Ur Rehman
DISCLAIMER
This program being provided for educational purpose only, it
should NOT be taken as an investment advice by any means.
Online trading & investing business is lucrative as well as risky, so
any trading or investment decision should be made after
consultation with certified & regulated Investment Advisors, by
carefully considering your financial situation. Opportunities shown
has benefits of hindsight, without the problems of (lack of liquidity,
unprecedented geopolitical & economic events) so, the past
performance is not guarantee of future results.
What is Support
Support is a price level where a lot of people are buying, which means the price of the stock
is not likely to go down further. It acts like a floor that keeps the stock price steady. When
the price of the stock drops to this level, buyers become interested in buying it, which
causes demand and pushes the price back up.
What is Resistance
Resistance is a price level where many individuals sell their shares, indicating
that the stock’s price is unlikely to increase. It’s like a cap that prevents the stock
price from going up. When the price of the stock goes up to this level, buyers want to
sell it. This increases the supply of the stock, which brings the price back down.
Trend Lines
A trend line is a line drawn over pivot highs or under pivot lows
to show the prevailing direction of price.
Trend Lines
Trend Lines
