# @tastyliveshow on YouTube - **Type:** Video - **Original URL:** https://youtube.com/watch?v=kJYCk4Hf0ng - **Gondola URL:** https://gondola.cc/posts/65858399-tastyliveshow-youtube - **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/437cb2af66.jpg - **Posted:** 2026-05-25T12:00:06.000+00:00 - **Account Owner:** tastylive (@tastyliveshow) — https://gondola.cc/tastyliveshow ## Caption Most people either trust charts completely or dismiss them as astrology. Both camps are missing the point. Support and resistance are not magic lines on a graph. They represent real people who bought stock at real prices, with real feelings about whether they are sitting on a gain or a loss. When a stock falls back into a price range where thousands of people bought, those buyers absorb the selling and the price stabilizes. When it rallies back into a range where thousands of people are sitting at a loss, those sellers flood the market and the price stalls. Helpful links: tastylive: https://www.tastylive.com/ Get Tom's pre-market analysis every morning: tastylive.com/newsletters FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 Follow tastylive on X: https://x.com/tastyliveshow CHAPTERS: 00:00 Why Charts Work: The Real Human Reason 00:42 The Field Analogy: Sellers Looking for Buyers 01:00 CNC: A Multi-Year Base Becomes Powerful Support 03:45 Intel: Same Pattern, Same Result 04:20 Micron: Ownership at Scale Holds the Price 04:54 Oracle: Decades of Ownership, Then COVID Tests It 05:28 Resistance: The Upside Down Version of Support 05:32 American Express: Trapped Buyers Become Sellers 06:41 Centene: Same Stock, Now a Resistance Example 07:44 Royal Caribbean: Resistance Does Not Need a Clean Top #technicalanalysis #tradingcharts #swingtrading #chartpatterns #supportandresistance #stockmarket #trading #howtotrade #priceaction #tastylive tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we’ll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. (“tastylive”) and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims (including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer. ## Stats - **Views:** 1,533 - **Likes:** 74 - **Shares:** 0 - **Comments:** 5 ## Tags tastylive, chartpatterns, tradingcharts, technicalanalysis, trading, stockmarket, swingtrading, howtotrade, priceaction, supportandresistance --- Copyright (c) Gondola