🍯 Finding the Sweet Spots!
Support & Resistance made simple. Let's learn where prices have reacted before—and why those areas deserve attention, honey!
What's a Sweet Spot?
Support is an area where buying previously helped slow or stop a decline. Resistance is an area where selling previously helped slow or stop a rise.
Think of them as zones, not exact magic lines. Prices can pause, reverse, or break through.
Practice illustration only. Real markets are less predictable, and zones can fail.
🐝 Queen Bee Tip
Don't buy just because price touches support or sell just because it touches resistance. Wait for your planned confirmation, decide where the idea is invalid, and practice with simulated money first.
Let's practice, honey!
A practice chart shows price bouncing upward near $50 several times. Which statement is best?
✍️ Your Honey Homework
Sketch an imaginary chart with three price reactions near a lower zone and two near an upper zone. Label support and resistance. Then write what might happen if price breaks through either zone.
This is a free sample. Paid courses are not available for enrollment yet.
Review Honey Sticks 101