Support Level

MarketWatch  2 hrs ago  Comment 
Twitter Inc. said Tuesday that it supports the Honest Ads Act. Twitter stock is up 1.4% in afternoon trading and closed at $28.01 Monday. "Twitter is moving forward on our commitment to providing transparency for online ads," the company said in...
The Hindu Business Line  Apr 7  Comment 
As Salman Khan spent his second consecutive night at the Jodhpur Central Jail, his Bollywood colleagues voiced their support for the ‘Sultan’ of Bol
MarketWatch  Apr 6  Comment 
Facebook Inc. Chief Executive Mark Zuckerberg said Friday that the company plans to support the Honest Ads Act. Facebook stock is down nearly 1% to $157.77 in late afternoon trading. The Honest Ads Act is a bill that would hold social media...
Benzinga  Apr 6  Comment 
The upgrade scheduled for April 6, 2018, has been completed successfully. Monero’s anonymity has been in question after some researchers revealed a couple of flaws in Monero’s network. Monero price recent declines were protected by...
MarketWatch  Apr 5  Comment 
President Donald Trump said Thursday he continues to have confidence in Environmental Protection Agency chief Scott Pruitt, remarks that come as the White House is looking into several controversies swirling around the administrator.
Benzinga  Apr 5  Comment 
Ethereum is trading towards the bottom of a support range, $360-385. A breach of key support zone could see price plummet below $300 mark. The Ethereum price remains on the backfoot in trading on Thursday, see down around 1 percent, as...


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Support level

Support level is the price level, which, historically, a security has had difficulty falling below. Typically, the support level can be thought of as the level at which many buyers tend to enter a security. [1] Support levels are often used in technical analysis.

The original low price level becomes a support area because investors will believe that prices will again rise above that level. [2] This means the price is more likely to "bounce" off this level rather than break through it. However, once the price has passed this level, by an amount exceeding some noise, it is likely to continue dropping until it finds another support level. [1]

From 14c., from, bring up, up from under, portare "to carry." Sense of "that which supports" is from 1560s. [2]


  1. Wall Street words: an A to Z guide to investment terms for today's investor By David Logan Scott ISBN-10: 0618176519 pg367
  2. A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing By Burton Gordon Malkiel ISBN-10: 0393062457 pg107
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