Support Level

Support Level is a stock price level at which a chartist believes a stock will have difficulty falling below.

Support Level

Support Level is a stock price level at which a chartist believes a stock will have difficulty falling below.

 


Interpretation of Support Level

A support level is a level at which the stock price has had difficulty falling below historically.  It is thought of as the level at which a lot of buyers tend to enter long positions in the stock.


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