A price level above which it is supposedly difficult for a security or market to rise. Used in the context of general equities. Price ceiling at which technical analysts note persistent selling of a commodity or security . Antithesis of support level .
RESISTANCE LEVEL
Meaning of RESISTANCE LEVEL in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012