A ________ is a value above which it is difficult for the market to rise.
A) book value
B) resistance level
C) support level
D) confidence level

Question

Quizplus · Accepted Answer

A resistance level is a price point beyond which traders and investors have difficulty pushing the price of an asset. This can occur because there are selling pressures that are strong at that level or because investors believe the asset is overvalued at that price. As a result, the resistance level acts as a barrier preventing further price increases, at least temporarily.

A ________ Is a Value Above Which It Is Difficult