Support Level

DailyFinance  4 hrs ago  Comment 
WHIPPANY, NJ -- (Marketwired) -- 09/29/14 -- Pazoo, Inc. (OTCQB: PZOO) (German WKN#: A1J3DK) is pleased to report it participated in, and donated to, the annual Care Plus Foundation, Inc. Golf Outing. The Foundation is the charitable arm of Care...
The Hindu Business Line  11 hrs ago  Comment 
The Ministry of Textiles will implement the scheme for in-situ upgradation of plain powerlooms for SSI sector in Surat and Ahmedabad powerloom clusters in Gujarat. The scheme will be impleme...
Market Intelligence Center  Sep 29  Comment 
After Friday’s trading in Scotts Miracle-Gro Company (SMG) the algorithms behind's Artifical Intelligence Center picked out a trade that offers a 2% or 8.91% (for comparison purposes only), while providing 5.29%...
Market Intelligence Center  Sep 29  Comment 
Ipath DJ-UBS Grains TR Sub-Idx ETN (JJG) traded between $32.91 and $33.10 before closing at $32.97 Friday and presents some attractive trading opportunities today.'s patented algorithms selected a Jan. '15 $32.00...
Market Intelligence Center  Sep 29  Comment 
After Friday’s trading in XL Capital Ltd (XL) the option-trade picking algorithms that power's Artificial Intelligence Center uncovered a trade that offers a 3.03% return, or 10.05% annualized (for comparison...
New York Times  Sep 29  Comment 
The democracy movement in Hong Kong is gripping people’s imaginations around the world and inspiring many small but impassioned demonstrations of support. Partly fueling them is the Asian city’s large diaspora.
The Economic Times  Sep 29  Comment 
7850-7820 on the downside should be a very strong support area. So this 300 point range to my understanding could be intact for the next few days, a couple of weeks to come by as we approach the middle of October.
Reuters  Sep 29  Comment 
Russia's Energy Ministry said on Monday the government was ready to support projects with foreign investment, Interfax news agency reported.


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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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