Glossary · reference sheet · Trading & Charts
Support, Resistance & Breakouts
Zones, polarity flips, breakout quality and retest entries.
Levels
- SupportZone where buyers repeatedly absorbed selling.
- ResistanceZone where sellers repeatedly capped rallies.
- Zones, not linesGive levels a few percent of width; grade by touches and time span.
- Polarity flipBroken resistance tends to act as support (and vice versa).
Breakout quality
- Decisive closeClose beyond the zone, not a wick-through.
- VolumeWell above recent average supports validity.
- CoilingTight consolidation against the level beforehand raises odds.
- RetestPrice returning to the level from the other side; holding = confirmed.
Retest entry logic
- Risk definitionStop just below reclaimed level; small risk, clean thesis.
- TradeoffYou may miss strongest breakouts that never look back.
How to use this sheet
Read a row as a claim, not a fact: the term, what it means, and the condition that makes it matter. Each term has its own page, and the lessons it belongs to are linked from there.
Learn content is for education only — not individualized financial advice, a recommendation, or a solicitation to buy or sell any security. Options involve substantial risk. Examples are simplified and historical patterns never guarantee future results.