Support is an area where stock is likely to struggle to break under. It's an area stock should theoretically bounce resistance is the opposite, an area of the stock is likely or unlikely to break over, and this might be a great area to take profits. Inversely, Support may be a great spot to buy or cut the trade if you're wrong, so knowing those levels ahead of time is extremely important. as a Trader and I'm going to show you here I think a prime example of why that is the case Now this is: AI I already have the support and resistance levels marked thanks to Oracle I just clicked a button Oracle Support and resistance levels and they just mark it out for you and you'll see that these stocks very often top-outed areas of key resistance and once again will bounce off of areas of key support.

We can see that very, very uh, easily here, and this is an area once again where if I'm looking to sell I want to sell into those lines and be looking to buy as the stock comes down to potential sport areas.