Technical
Resistance
QUICK DEFINITION
Resistance in Elliott Wave Theory: A price level where selling pressure tends to prevent further price increases. In Elliott Wave, Wave 3 targets and previous Wave 5 highs often serve as key resistance levels.
What Resistance Means
A price level where selling pressure tends to prevent further price increases. In Elliott Wave, Wave 3 targets and previous Wave 5 highs often serve as key resistance levels.
Where You'll See It
Resistance appears regularly in Artavest's weekly wave-count analysis across 108 US stocks and ETFs. It's part of the technical family of Elliott Wave concepts and shows up most often when analysts are applying technical analysis tools — RSI, MACD, moving averages — alongside the wave count.
LEARN MORE
- → Elliott Wave Theory Guide — the 5-3 pattern, rules, Fibonacci, wave degrees
- → Elliott Wave Cheat Sheet — the 3 absolute rules and 6 Fibonacci relationships
- → Our Methodology — how Artavest analysts count waves on 108 US instruments