Technical Analysis

TICK

April 29, 2022
Technical Analysis

Technical Analysis

May 1, 2022

Share

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

Related Tags

All Topics in the Letter