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Related Flashcards
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Cards In This Set
| Front | Back |
 What is a Congestion Area? |
 Congestion in trading refers to many buyers and sellers in an area. Therefore, the price is at a stalemate and does not move. |
 What is a Support Area? |
 Support is a place where buyers tend to come into the market due to a support level holding. |
 What is a Resistance Area? |
 A resistance area is a place where a level may continually attempt to break the area but doesn't. Therefore, sellers are prone to exit their positions. |
 What is a Bullish Outlook? |
 A bullish outlook on the market means the view is positive and a speculator will expect prices to increase. |
 What is a Bearish Outlook? |
 A bearish outlook on the market means the view is negative and a speculator will expect prices to decrease. |
