Putting them in positions of significant support or opposition
Many traders employ technical analysis to identify support and resistance levels, as well as previous highs and lows, in order to place take-profit orders at the same levels.
Recognizing the peaks and troughs of Fibonacci trends

Fibonacci extensions can assist you in determining how profitable a stock is based on how far its trends extend.
They are placed using the moving average.
During trending market periods, some traders would place a take-profit order around and around the price of the moving average, especially if a stock had fallen significantly below its medium-term moving average.
When price activity indicates a change in market attitudes, such as engulfing bars and rejections at highs and lows, you can use price action alone to discern changing market attitudes.