What is the price range at which technicians feel that a significant increase in the price of the stock will be resisted referred to as?
A) Supply threshold.
B) Support level.
C) Short interest level.
D) Advancement level.
E) Resistance level.

Question

Quizplus · Accepted Answer

The resistance level is the price range at which technicians feel that a significant increase in the price of the stock will be resisted by selling pressure. This means that there are a significant number of investors who are willing to sell their shares at this price, which can prevent the stock from rising further.

What Is the Price Range at Which Technicians Feel That