Technical Analysis
TICK
April 29, 2022
Technical Analysis
Technical Analysis
May 1, 2022

The following two figures show an uptrend and downtrend, respectively. Figure (1) shows rising support and resistance levels in an uptrend. Points B and D are support levels, marked by previous troughs, while points A and B are resistance levels, marked by previous peaks.

Support and Resistance

In figure (2) points B and D are resistance levels, while points A and B are support levels, in a downtrend.

Support and Resistance

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts