PS D1: Technicals Flashcards
1
Q
What is a “Breakout”?
A
A stock that breaks through resistance
2
Q
What is a “Breakdown”?
A
A stock that breaks through support
3
Q
What is “Resistance”?
A
A stock price area where sellers usually emerge preventing any further price increase
4
Q
What is “Support”?
A
A stock price area where buyers usually emerge, stemming any further price decline
5
Q
Define “Moving Average”
A
Average price of a stock over various time periods
