Business, Legal & Accounting Glossary
Support Level is a stock price level at which a chartist believes a stock will have difficulty falling below.
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.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Support Level are sourced/syndicated and enhanced from:
This glossary post was last updated: 22nd March, 2020 | 0 Views.