Sure. http://www.investopedia.com/university/technical/techanalysis4.asp "Once you understand the concept of a trend, the next major concept is that of support and resistance. You'll often hear technical analysts talk about the ongoing battle between the bulls and the bears, or the struggle between buyers..." Read more: Technical Analysis: Support And Resistance | Investopedia http://www.investopedia.com/university/technical/techanalysis4.asp#ixzz4C90uzRKO