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Why Technical Stock Resistance

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Adobe Technical Stock Resistance

  • 1) ADBE Stock Resistance
  • - It’s a place where Adobe stock prices are likely to stop and pullback. See the above resistance trend line A?
    Dutch Stock Market Resistance

  • 2) Dutch Stock Market Resistance
  • - Notice the above trend line A? It’s been attracting Dutch stock sellers. Another technical resistance line.
    Australia Stock Market Resistance

  • 3) All Ordinaries Index
  • - Another predictable pattern, yes? See how predictable the multiple selling happened here?
    Amazon Stock Resistance

  • 4) Amazon Stock Resistance
  • - Round numbers have the magical power to stop prices from advancing further. See another round number below?
    AMD Stock Resistance

  • 5) AMD Stock Resistance
  • - Notice how the $10 resistance has been touched and approached couple of times? Another future resistance.
    Apple Stock Resistance

  • 6) Apple Stock Resistance
  • - Another perfect example of a down trend stock resistance line. Why? It’s likely to become a future resistance line.
    Brazil Stock Market Resistance

  • 7) Brazil Stock Market Resistance
  • - As prices rise, up trend resistance lines can offer opportunities for taking some profits off the table.
    France Stock Market Resistance

  • 8) CAC 40 Index Resistance
  • - Another round number 4000. Notice how it has been approached, touched, and pulled back couple of times?
    Chevron Stock Resistance

  • 9) Chevron Stock Resistance
  • - Again, see the magic of round number effectively working here? How the $80 attracted stock sellers.
    Cisco Systems Stock Resistance

  • 10) Cisco Systems Stock Resistance
  • - Perfect example of a down trend resistance line. Notice how it has been touched many times?
    Germany Stock Market Resistance

  • 11) German Stock Resistance
  • - Technical stock resistance is an emotionally charged area. See how many times they sold around 8000?
    Dow Jones Composite Resistance

  • 12) Dow Jones Composite Resistance
  • - Another beautiful up trend resistance line for profit taking. See how it kept attracting sellers?
    Dow Jones Industrial Average Resistance

  • 13) Dow Jones Index Resistance
  • - See the power of a round number here again? Sellers have used it over and over again for profit taking.
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