QUIZ: Support and Resistance
it is time to dive into the chart!
- from the toolbox and draw a horizontal line that goes through the most points that act as a floor (Support level)
- With a tool, you can connect the peak points and draw a ceiling (Resistance level)
Amazon, Daily chart (2020-2021)
Shapes to be drawn
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Well done!
There were strong support and resistance levels that touched and returned the price. finding them was a piece of cake!