Download - Understanding Technical Action With Support And Resistance Levels

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Barron's Live

Business:Investing

Understanding Technical Action With Support And Resistance Levels

2023-08-18

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IBD's Alissa Coram and Harold Morris discuss the nuances of support and resistance so traders can identify strong entry points, stay in winning stocks longer and get out of losing stocks before your portfolio suffers a massive blow. Whether it's a relevant price area or a key moving average, being able to take action based on how a stock is acting around these technical levels is a way to sharpen your trading skills and improve portfolio performance.