We model the behaviour of a stock price process under the assumption of the existence of a support/resistance level, which is one of the most popular approaches in the field of technical analysis. We obtain optimal dynamic trading strategies  under the setup.
We present a model for the behaviour of a stock price process under the assumption of the existence of a support/resistance level, which is one of the most popular approaches in the field of technical analysis. We obtain optimal dynamic trading strategies to maximise expected discounted profit under the setup.
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model
present a model for
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to maximise expected discounted profit