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Support and resistance are two basic concepts in technical analysis, which can help traders gain insights into the strength of a price trend. Through this challenge, you can get to know the support level and the myth behind it.
A support level is a price below which a stock doesn't tend to fall over a given period. Do you know how to plot it?
Think of the support level as a straight line connecting two or more low points. Use a single line w...

Chart 1:
The company was established on July 1, 1862. It is one of the largest railroad companies in North America, carrying the freight of two-thirds of the western United States. In the past 5 years, the company has reduced 19% of its shares outstanding, and the share price has gone up 262.72% during that period.
Chart 2:
The predecessor of this company is one of the largest information technology companies in the world. It has th...

Welcome back Mooers.
In today small talk, we will be discussing about whether should congress members trade stocks and how to celebrate this year valentine day.
According to this article, it was reported that the US Congress and top Capitol Hill staff have violated the STOCK Act hundreds of times, but the consequences are minimal, inconsistent, and not recorded publicly.
In the article, it highlighted 3 main issues, as below, wh...

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