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1. *Definition*: A price level or area where the stock historically tends to bounce back or reverse its downward trend. 2. *Key Characteristics*: Acts as a floor, preventing the price from falling further. 3. *Importance*: Buyers tend to enter the market at support levels, anticipating a reversal. *Resistance* 1. *Definition*: A price level or area where the stock historically struggles to break through, often reversing its upward trend. 2. *Key…

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