Market Terms

We don't know everything about the markets.  We're just devoted to learners.  Taken from those smarter than ourselves, here's how we define Resistance.

The level at which an asset price encounters pressure while on the rise as a result of a growing number that wish to sell at that price.  Essentially, the resistance level represents a price point that an asset has difficulty exceeding due to the large number of sell orders at that specific price.  Past support and resistance levels are considered by traders within technical analysis to determine how an asset will behave under similar conditions in the future.