Page 41 - FINAL CFA I SLIDES JUNE 2019 DAY 4
P. 41

Session Unit 3:
                                                                                                             13. Technical Analysis


  LOS 13.c: Explain uses of trend, support, resistance lines, and change in polarity. p. 319

                                                                                                     Change in polarity

                                                                                                     Breached resistance levels

                                                                                                     become SL breached

                                                                                                     support levels become RL






















        RL – At R55 per share, selling emerges that prevents further price decreases.







                            SL = Buying emerges that prevents  further price decreases.
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