Support and Resistance: Look for Pools of Money
In this week’s edition of Stock Talk with Joe Rabil, Joe gives a lesson on Support and Resistance. He explains the “Pools of Money” concept and how it can be useful in determining the best entry points as well as risk levels. He also discusses how the trend and momentum help in defining which levels are most important. He then analyzes the stock requests that came through.
This video was originally broadcast on April 21, 2022. Click this link to watch on YouTube. You can also view new episodes – and be notified as soon as they’re published – using the StockCharts on demand website, StockChartsTV.com, or its corresponding apps on Roku, Fire TV, Chromecast, iOS, Android and more!
New episodes of Stock Talk with Joe Rabil air on Thursdays at 2pm ET on StockCharts TV. Archived episodes of the show are available at this link. Send symbol requests to email@example.com; you can also submit a request in the comments section below the video on YouTube. Symbol Requests can be sent in throughout the week prior to the next show. (Please do not leave Symbol Requests on this page.)