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TIP 012 : Psychology and Stock Investing (Investing Podcast)

We Study Billionaires - The Investor’s Podcast Network

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Is There a Relationship Between Support and Resistance?

Warren Buffett bought IBM at a price point in the $160 range. The stock went up over $200 before plummeting back to that level. Support levels and resistance levels are also linked to behavioral friends, he says. Warren: People have an association bias when they buy or sell stocks.

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