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Is it usually better to buy a stock at support or near a resistance level?
Can you tell me, is it usually better to buy a stock at support or near a resistance level?
Some traders prefer to buy a stock at support because it can indicate a potential bounce back up in price, while others prefer to buy near resistance in hopes of a breakout to new highs. However, both methods involve a certain level of risk and require careful analysis of market trends and individual stock behavior.