"Resistance" for a stock suggests that supply will blunt further price increases.

Question

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Resistance in stock market terminology refers to a price level at which selling is thought to be strong enough to prevent the price from rising further. This concept suggests that at the resistance level, the supply of the stock (from sellers) is greater than the demand (from buyers), which typically prevents the price from climbing any higher.

"Resistance" for a Stock Suggests That Supply Will Blunt Further