Support Level

RECENT NEWS
Forbes  5 hrs ago  Comment 
The lines between cloud providers and cloud consumers keep getting fuzzier every day. Many enterprises are engaged in both offering services through their own clouds, as well as subscribing to cloud services from public providers. To meet the...
New York Times  10 hrs ago  Comment 
The governments were accused of dithering at critical moments, and at one point, Egypt even blamed Hamas, rather than Israel, for dozens of Palestinian deaths.
New York Times  Jul 19  Comment 
The ouster of the president of Market Basket stores has spawned protests, as a longtime feud between cousins engulfs employees.
Cloud Computing  Jul 18  Comment 
In our ongoing "Building a Hybrid Cloud" series, Keith Mayer and Andy Syrewicze , are back and in today’s episode they showcase the Windows Azure Pack Remote Console. Tune in for this in-depth, demo heavy episode as they show us how to configure...
The Australian  Jul 18  Comment 
VLADIMIR Putin, the Russian strong man, has made eastern Ukraine a deadly and savage ungoverned space.
The Economic Times  Jul 18  Comment 
New Zealand's benchmark NZX 50 index slipped 0.1 percent or 3.5 points to finish at 5,108.9.
The Hindu Business Line  Jul 18  Comment 
Nasscom (National Association of Software and Services Companies) seeks support from the West Bengal government to set up an incubator here to nurture and facilitate start-ups. Speaking d...




RELATED WIKI ARTICLES

Related Articles

 
TOP CONTRIBUTORS

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]

References

  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
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki