Support Level

RECENT NEWS
New York Times  1 hr ago  Comment 
The church said it would withdraw its priests appointed to help organize elections next month that are at the heart of the country’s upheaval.
Financial Times  10 hrs ago  Comment 
David Cameron meets Hollande and Merkel in two-day visit to capitals
Forbes  May 28  Comment 
I’ve had occasion over the last year to write about digital supply chain security more than a few times (1, 2, 3). There are the aspects of outsourcing helpdesk functions, code development, millions of interconnects with partners. There is no...
New York Times  May 28  Comment 
Mrs. Clinton, a Democrat running for president, was in Columbia, S.C., where she spoke to African-Americans about her support for the president and her own plans should she be elected in 2016.
New York Times  May 27  Comment 
Senator Lindsey Graham, in a visit to Jerusalem, said he would use his connections with congressional purse strings to thwart any group’s, international court’s or nation’s actions against Israel.
New York Times  May 27  Comment 
A survey found that ivory was unpopular among residents in Hong Kong, despite the city being a major market for ivory, much of it illegal.
WA Business News  May 27  Comment 
Norway-focused iron ore miner Northern Iron is receiving support from its financiers to cover foreign exchange losses following a plunge in iron ore prices.
MarketWatch  May 26  Comment 
China’s Communist Party holds a conference to talk about gaining the support of groups of people who are not party members — a move one expert says is an effort to garner support for reforms, Caixin Online reports.
Forbes  May 26  Comment 
After sending letters to state and federal agencies this month about Hollywood's failure to hire female directors, the ACLU has created a petition for professionals in the industry. Will they sign?




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