waheed alyminy
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Explanation of Support and Resistance Areas
Support and resistance areas are fundamental concepts in technical analysis of financial markets. Here is an explanation of these concepts:
Support Areas
1. *Definition of Support*: A support area is a specific price level where a stock or asset finds support from buyers, preventing the price from declining further.
2. *Importance of Support*: Support areas are important because they can provide good buying opportunities for traders.
Support Areas
1. *Definition of Support*: A support area is a specific price level where a stock or asset finds support from buyers, preventing the price from declining further.
2. *Importance of Support*: Support areas are important because they can provide good buying opportunities for traders.
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