GOLDEN OPTIONS R&S QUIZ
GOLDEN OPTIONS R&S QUIZ
Test your understanding of support and resistance in the stock market with our engaging quiz! Perfect for aspiring traders and seasoned investors alike, this quiz will help strengthen your knowledge of key technical analysis concepts.
- 4 Multiple Choice Questions
- Learn about support and resistance levels
- Check your comprehension of technical analysis
What is a support level?
A stock support level is a value that the share price has declined to several times but not continued on to lower values.
A stock support level is where the stock is rising till but cannot break through that level
What is a resistance level?
Resistance in technical analysis is a price level that a rising stock can't seem to overcome.
A stock resistance level is a value that the share price has declined to several times but not continued on to lower values.
How do you find support and resistance?
Draw a line that connects two or more recent stock price peaks, and another line that connects two or more recent price lows.
You search for the biggest candle stick on the 5m chart, the green one is resistance the red one is support.
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