RESISTANCE

Technical Analysis. A level of prices at which the selling pressure increases enough to halt an upward movement in prices. It can be static or dynamic. In the latter case, it is represented by a trend line. The term breakout indicates the moment in which the level of resistance is penetrated, and it is generally accompanied by an increase in trade volume. See also support level.
Editors: Antonio SERRA, Liliana PINTUS, Bianca GIANNINI
© 2010 ASSONEB