resistance level

American  

noun

Stock Exchange.

1. a point at which the rise in price of a specific stock is arrested due to more substantial selling than buying.

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Example Sentences

—Bitcoin found some stability above the $70,000 mark as risk sentiment recovered, putting $73,000-$74,000 as the key resistance level to watch.

From The Wall Street Journal

Newton said DBA has just surpassed a key technical resistance level, after breaking out of a trendline in early February.

From MarketWatch

“Higher oil prices may be here to stay for months or years, not just weeks,” after breaking through a technical “resistance” level of around $68 a barrel amid the Iran conflict, cautioned Stockton.

From MarketWatch

Based on this momentum, the precious metal is likely to attempt to rise beyond the $5,500/oz resistance level, Chai says.

From The Wall Street Journal

Kenanga sets the support and resistance level for March futures at 3,975 ringgit and 4,080 ringgit a ton, respectively.

From The Wall Street Journal