In technical analysis, support and resistance levels are key price points on a chart where the probability of a price movement reversing its current trend is higher. They represent areas where buying ...
Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. The S&P 500 plunged on Friday and has lost ground in five of the past six weeks amid ...
WTI crude oil (CL) shows positive price action, approaching the resistance at $72.50. Natural gas (NG) breaks above $3.60 and remains upward due to high heating demand. USD/CAD retreats from the ...
Tesla’s (NASDAQ:TSLA) stock has been on a rollercoaster ride over the past few months. Since April, it has nearly doubled in price to $270 per share but could not hold, reversing to under $200 per ...
EURUSD has hit a critical resistance level at 1.1140 after a relentless rally, but the tide may be turning. With the euro pulling back and key support levels coming into play, traders need to stay ...
Bitcoin has a make-or-buy month in October after several unsuccessful attempts to overcome the barrier of $118,000. The most ...
In this quick explainer, John Rowland walks through the color-coded support and resistance levels on Barchart’s cheat sheet for technical traders.
Hedera (HBAR) attempts to find support above its previous resistance. The HBAR price failed to reclaim the $0.235 area and ...
The Nifty's immediate support area is seen at 24,900 being the presence of 50-days EMA and key retracement area.