Support and Resistance Explained for Beginners| Dow's Stock Talk

Title: Support and Resistance Explained for Beginners
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Are you new to trading and do not know what is a Support and Resistance?
Well you can to the right video

In this video I will be going over Support and Resistance. I will explaining the basic of support and resistance in general and I will be going over on a actually stock as a example.

In stock market technical analysis, support and resistance are certain predetermined levels of the price of a security at which it is thought that the price will tend to stop and reverse.


A support level is a level where the price tends to find support as it falls. This means that the price is more likely to "bounce" off this level rather than break through it. However, once the price has breached this level, by an amount exceeding some noise, it is likely to continue falling until meeting another support level.[2]

A resistance level is the opposite of a support level. It is where the price tends to find resistance as it rises. Again, this means that the price is more likely to "bounce" off this level rather than break through it. However, once the price has breached this level, by an amount exceeding some noise, it is likely to continue rising until meeting another resistance level.

Intro 0:00
Support & Resistance 0:30
Stock Example 5:13