Resistance Level

A price ceiling believed by technical analysts to hang over a stock -- or the entire stock market -- at some given level, perhaps as the result of purchases made before a decline. The thinking is that investors, waiting for a rebound, will get out when things have recovered enough to wipe out their losses. Thus, the stock or market is prevented from moving higher. The trading range between the support level and resistance level is known as a ""channel.""

 

 

Investing terms and definitions starting with
Numbers A B C D E F G H I J K L M N O P Q R S T U V W Q Y Z

 

 

 

Copyright 2018 turtlemeat.com