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which of the following is true regarding the resistance level? Resistance levels usually develop after a stock reaches a new low b. Resistance levels tend

which of the following is true regarding the resistance level?

Resistance levels usually develop after a stock reaches a new low

b.

Resistance levels tend to develop due to profit taking

c.

It is the level at which a significant increase in supply is expected

d.

It is the level at which a significant decrease in demand is expected

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