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The bottom which at the share values are unable to pierce at this level the shares get buying support called |
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Answer» E'S YOUR ANSWER. Answer:In the previous part, we explained the importance of price and volume and how to plot these on charts. If you do this for a reasonable period of TIME, you can spot several patterns emerging. For example, you may notice that a share’s price refuses to FALL further and bounces back from a specific level. Similarly, a stock may find it difficult to cross a certain price level on the UPSIDE. These points are KNOWN as supports and resistances and are one of the fundamental aspects of technical analysis.I HOPE THIS HELPED YOU. PLEASE MARK BRAINLIEST. |
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