Support, Resistance and Channels

One of the most powerful ways of picking direction is to understand support & resistance of an asset. In this video, we explain how to understand key psychological levels of the stock in question.

Support and resistance forms the basis of technical break-outs and fake-outs. But what are these levels and how do we know where they are?

In this video, we explain what support and resistance levels are, look at trading channels and how trends occur.

After watching these videos you should have a strong understanding of where key support and resistance levels are simply by looking at a chart.

Video Contents

• What is a support level?
• What is a resistance level?
• Trading Channels
• Trends
• Drawing tools with Implied Volatility charting