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    If a stock moves through a support level, which direction is

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    If a stock moves through a support level, which direction is the stock likely to go?

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    https://brainmass.com/business/finance/stock-moves-through-support-level-which-direction-123850

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    Most people tend to sell when a stock breaks through a support level. This means a continuation of stock-selling, which will result in a decrease in price of the stock. So the stock is likely going south.

    Have a look at the attached file, in which there is an example on the resistance and support level:

    Support and Resistance Levels

    Another use of moving averages is to ...

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