Browse all articles related to this tag.
Alright, folks, let's talk about one of the most important (and frustrating) concepts in trading: resistance. No, we're not talking about the kind where you join a rebel alliance to overthrow an oppressive regime (although that does sound pretty cool). We're talking about those pesky price levels that just won't let your trades break through.
Trading is a battlefield, and every soldier needs to know the terrain. In the financial markets, that terrain is littered with obstacles called resistance levels – price points where the upward momentum of a stock or other asset tends to stall out. These are the walls you'll need to knock down to keep those profits rolling in.