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Resistance Level Question

A resistance level signifies the price at which a stock's supply would be expected to:

A) increase substantially.
B) decrease to match the demand for the stock.
C) decrease substantially.

Thanks for your responses

The answer will be posted later

Probably B, since the price hits a ceiling (and does not necessarily reverse direction).

TOP

I'll go with A too.
There is a selling pressure at the resistance level which would increase the supply and stock price would face resistance in moving up.

TOP

I'd say A too.

TOP

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