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THREETREND RESEARCH

5th Sep · SEBI Registration INH000022729

A trendline acts as resistance when it is drawn

APOLLOTYRE
A trendline acts as resistance when it is drawn by connecting a series of lower swing highs during a downtrend. Each time price approaches this descending trendline, sellers may become active and push the price lower. Repeated rejection from the same trendline makes it more significant as a dynamic resistance zone. A strong breakout above the trendline, preferably supported by higher volume and sustained price action, can indicate that selling pressure is weakening and a potential trend reversal or bullish momentum may be developing. In simple terms: Lower highs → descending trendline → repeated rejection → resistance → breakout above trendline = possible bullish reversal. chart is attached

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APOLLOTYRE_2026-09-05_20-29-43.png
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