Technical Inflection Point

Technical Inflection Point

In technical analysis, a support level or resistance level. The support level is the price below which a security rarely falls. Reaching the support level is an indication to buy, as the price generally rises. The resistance level is the price above which a security rarely rises, and is therefore an indication to sell. A technical inflection point may be a sign to buy or sell a security. That is, a technical inflection points requires some action from the security holders.
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