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Technicals

Support

This is often seen as a temporary level of support for a security. In the world of finance, we often come across the term "resistance level". This refers to a price level at which declining prices come to a halt and either stay stagnant or start rising. This happens when there is enough demand to counteract the falling prices. Essentially, it acts as a temporary support for a security. Understanding resistance levels is crucial for making informed investment decisions.
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