Definition
In technical analysis, a horizontal line is often drawn on a price chart to highlight areas of support or resistance. In geometric analysis, a horizontal line proceeds parallel to the x-axis. Put another way, on a perfectly horizontal line, all values on the line will have the same y-value. Key Takeaways A horizontal line is commonly used in technical analysis to mark areas of support or resistanc
In Panel Profits
In the Panel Profits market platform, Horizontal Line: Definition, Uses, Example in Technical Analysis applies standard financial concepts principles to comic assets and physical collections.
Common mistakes
Do not infer unobserved prices.