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What are some of the characteristics of Support and Resistance levels on a price chart. a. The more recent the support or resistance, the fresher
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What are some of the characteristics of Support and Resistance levels on a price chart.
a. The more recent the support or resistance, the fresher it will be in investors' minds and the greater the likelihood that the price will stop again in that area.
b. All of the above
c. The longer the support or resistance level values are trading, the greater the probability of a trend reversal.
d. None of the above
e. The higher the volume, the more investors have an interest in that price level and the more significant it becomes.
What are some of the characteristics of Support and Resistance levels on a price chart.
| a. | The more recent the support or resistance, the fresher it will be in investors' minds and the greater the likelihood that the price will stop again in that area. | |
| b. | All of the above | |
| c. | The longer the support or resistance level values are trading, the greater the probability of a trend reversal. | |
| d. | None of the above | |
| e. | The higher the volume, the more investors have an interest in that price level and the more significant it becomes. |
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