Support level
A price level below which it is supposedly difficult for a security or market to fall. That is, the price level at which a security tends to stop falling because there is more demand than supply; can be identified on a technical basis by seeing where the stock has bottomed in the past. | ||||
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Support level definition was found in categories: Language, Idioms & Slang(1) Encyclopedia(1)
Support level Definition from Language, Idioms & Slang Dictionaries & Glossaries
| WordNet 2.0 |
support level
Noun
1. (stock market) the price at which a certain security becomes attractive to investors
(hypernym) price, terms, damage
(classification) stock exchange, stock market, securities market
Noun
1. (stock market) the price at which a certain security becomes attractive to investors
(hypernym) price, terms, damage
(classification) stock exchange, stock market, securities market
Support level Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Support and resistance
Support and resistance is a concept in technical analysis that the price of a security will tend to stop and reverse at certain predetermined price levels.
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