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Stocks Screener - Testing Resistance Trend Line

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Quarterly Price vs. Trendline:Testing Resistance
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- 11/22/2024 -
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PriceChg%DailyWklyDailyWklyDailyWklyMtlyQtlyYrlySectorIndustrySignalsRanksticksList
EXPE 184.901.93%71.4482.34 6 102 1 Downtrend Broken Resist.Add to Watch List
MKC 78.225.73%69.6741.93 2 22 2 Add to Watch List
ORLY 1227.001.15%54.1371.99 6 43 2 Add to Watch List
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Trend Line Resistance Trend Line Support Resistance.

Trendline support resistance provides an excellent buy/sell signals in trending market. On an uptrend, buy around the support trend line level and place a stop order below the trend line support. Take profit on the trend line resistance level. Reverse the technique in a downtrend. Short around the resistance trend line level and place a stop order above the trend line resistance.
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