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Stocks Plunge as NASDAQ Sinks to 3-Month Low

Real Vision: Finance & Investing

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Support and Resistance Levels - Why Do They Work?

The key thing is, as that it's always better to be in harmony with the trend. So if you're in an up trend, meaning prices are sloping upwards to the right, and you're hitting a resistance level, don't try to be the hero in shorting it. You know, just wait for me tobe a buyer and have a trend continuation. Not every support and resistance level that's broken results. I i in a beautiful trend, higher or lower.

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