Itâs what every trader needs to know â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â  â â â â â â â â â â â â â Good Morning! In trading you hear a lot about support, resistance, and technical analysis. If you're new, it can be very confusing. You're trying to pick out these levels on the chart but maybe you donât quite understand which levels are most important or where to set your stops... That can lead to [failed trades]( if you enter or exit at the wrong point. You want to cut out those unnecessary losses and study charts til your eyes bleed. But I can help speed up the process⦠I have a technical analysis tool that could change your trading game. See how I use it, and how it can help you spot [key support and resistance levels]( for entries and exits... Sponsored Demystifying Support and Resistance: Your Secret Weapon First, letâs break down some of the most important support and resistance levels⦠The chart for each stock will show you important levels. Look at the daily chart to [find levels]( the stock has bounced from in the past, and where it struggles to go higher⦠AAPL chart: 1-year, daily candle â courtesy of [StocksToTrade.com]( Understanding Support and Resistance Levels So you can see the support and resistance levels I put on the Apple Inc. (NASDAQ: AAPL) chart above. As a stock falls, it often finds support at previous levels of support. And as it rises, it often fails at previous levels of resistance. Once a stock breaks through a key resistance area, that level often becomes support and vice versa⦠When a stock falls through support, that level often becomes resistance when it tries to bounce. These support and resistance levels can be great entries and exits to plan your trades around. Whether you like to dip buy at support and sell into resistance ⦠Or [buy breakouts]( through resistance with a three-to-one risk/reward⦠Technical analysis is a fundamental skill all trades need. [[ratio] ]( It can take a lot of time to learn. And itâs why I tell traders to study charts til their eyes bleed⦠But some tools and technology can do some of the work for you. For example, [StocksToTrade]( has a proprietary algorithm that plots support and resistance levels on the chart for you. It even color codes them so you know levels of heavy resistance, and pivot points where a stock could reverse direction. So if you donât know where there's resistance or support, where to stop out, or where to take profits â our [Oracle support and resistance indicator]( can help. Look at all the levels it shows as support and resistance on the same AAPL chart I shared above⦠AAPL chart: 1-year, daily candle â courtesy of [StocksToTrade.com]( Oracle is a tool that you can only get on StocksToTrade. It can save you mountains of time when preparing trading plans. And it can give you plenty of information about [a stockâs history]( just with one glance at the levels. It was developed with input from myself, Tim Sykes, and many other successful traders. Then our engineers turned it into a tool to help guide you through support and resistance. If you have StocksToTrade, you can find the Oracle support and resistance indicator under your technical indicators tab drop-down list. If you don't have StocksToTrade, click the link below, get the trial, and check it out. [Try StocksToTrade for 14 days NOW!]( Have a great day everyone. See you back here tomorrow. Tim Bohen Lead Trainer, StocksToTrade Sponsored URGENT: New forecast from XGPT (Ticker: GHX Entry Price: $GHX Target Price: $GHX) Tim Bohen here with something urgent. Make sure you watch [Tim Sykesâ emergency briefing]( now because⦠No matter what happens when this $2 trillion D.C. shock hits -- XGPT is designed to flip the coming chaos into a wave of opportunities. [Prepare now with XGPTâs NEWEST forecast before the looming D.C. shock.]( Sponsored ACCESS NOW: Click to activate these complimentary membership gifts and receive daily market intel. [To The Moon Report Weekly Stock & Crypto Watchlist]( [Daily Strike Report Newsletter with Ben Sturgill and Jeff Zananiri]( Recommended Membership Gifts
[Facebook]( [Twitter]( [Instagram]( [YouTube]( [Spotify]( [Click Here to Unsubscribe]( (As an Amazon Associate, we earn from qualifying purchases.) 13809 Research Boulevard, Suite 500, Austin, TX 78750 **Tim Bohen teaches skills others have used to make money. Any results displayed are extraordinary and are not typical and will vary from person to person. For more info read our [Earning Claims Disclosure]( About: Making money trading stocks takes time, dedication, and hard work. My goal is to teach you how I have succeeded in the market, but you may not achieve my results. Remember, there are risks involved with investing, including the potential loss of money. We are strongly committed to protecting your privacy and providing a safe & high-quality online experience for all of our visitors. We understand that you care about how the information you provide to us is used and shared. We have developed a Privacy Policy to inform you of our policies regarding the collection, use, and disclosure of information we receive from users of our website. Our Privacy Policy, along with our Term & Conditions, governs your use of this site. By using our site, or by accepting the Terms of Use (via opt-in, checkbox, pop-up, or clicking an email link confirming the same), you agree to be bound by our Terms & Conditions and our Privacy Policy. If you have provided personal, billing, or other voluntarily provided information, you may access, review, and make changes to it via instructions found on the Website or by replying to this email. To manage your receipt of marketing and non-transactional communications, you may unsubscribe by clicking the âunsubscribeâ link located on the bottom of any marketing email. Emails related to the purchase or delivery of orders are provided automatically â Customers are not able to opt out of transactional emails. We will try to accommodate any requests related to the management of Personal Information in a timely manner. However, it is not always possible to completely remove or modify information in our databases (for example, if we have a legal obligation to keep it for certain timeframes, for example). If you have any questions, simply reply to this email or visit our website to view our official policies. Copyright © StocksToTrade.com