๐Ÿ“ˆ"The trend is your friend until the end when it bends."โ€” Ed Seykota
๐Ÿ“Š"In investing, what is comfortable is rarely profitable."โ€” Robert Arnott
๐ŸŽฏ"The stock market is a device for transferring money from the impatient to the patient."โ€” Warren Buffett
๐Ÿ”"Charts don't lie โ€” they simply reflect the market's truth."โ€” ChartStudio
๐Ÿ’ก"The market is never wrong; opinions often are."โ€” Jesse Livermore
โšก"Price is what you pay, value is what you get."โ€” Warren Buffett
๐Ÿ“ˆ"The trend is your friend until the end when it bends."โ€” Ed Seykota
๐Ÿ“Š"In investing, what is comfortable is rarely profitable."โ€” Robert Arnott
๐ŸŽฏ"The stock market is a device for transferring money from the impatient to the patient."โ€” Warren Buffett
๐Ÿ”"Charts don't lie โ€” they simply reflect the market's truth."โ€” ChartStudio
๐Ÿ’ก"The market is never wrong; opinions often are."โ€” Jesse Livermore
โšก"Price is what you pay, value is what you get."โ€” Warren Buffett
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Patterns

Support & Resistance

Where price repeatedly reacts

ResistanceSupportโ†‘ BounceRejection โ†“

Support is a price level where buying kicks in โ€” price bounces off it. Resistance is where selling appears โ€” price struggles to cross. These form because traders remember past prices. The most powerful rule: when price breaks above resistance, that level often becomes new support.

๐Ÿ”‘ Key Takeaway
Support = floor (buyers). Resistance = ceiling (sellers). Broken resistance becomes new support.
Disclaimer: The content on ChartStudio is for educational and informational purposes only. It is not investment advice. Please consult a qualified financial advisor before making any investment decisions.