BitQT : When a stock’s price moves outside its current levels of support and resistance, new lines are drawn. For instance, if you’re buying a stock, you would want to buy in at or just above the support. If you’re selling, you want to get out before it hits resistance — unless, of course, you’re anticipating a breakout. 1$0.00 commission applies to online U.S. equity trades, exchange-traded funds , and options (+ $0.65 per contract fee) in a Fidelity retail account only for Fidelity Brokerage Services LLC retail clients.

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