Support Level

Forbes  1 hr ago  Comment 
Mentors are uniquely positioned to help young people but may need support to guide their discussions and to serve as allies to young people. JPMorgan Chase recognized this need through requests that they received from employee mentors in their...
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Federal Reserve officials thought interest rates would need to be increased “fairly soon” but they were hamstrung by uncertainty over fiscal policy, according to minutes of their meeting earlier this month released Wednesday.  Feb 22  Comment 
BRUSSELS (dpa-AFX) - The Swiss stock market ended Wednesday's session with a modest gain. Strong support from index heavyweight Nestle was largely responsible for the positive finish. Shares of ABB were also in focus, after a South Korean...
The Hindu Business Line  Feb 22  Comment 
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Mondo Visione  Feb 22  Comment 
Under a new Co-operation Agreement (Agreement), innovative FinTech businesses in Ontario and the United Kingdom will be able to seek support from their financial regulators as they seek to operate in the other’s market. Signed...
NPR  Feb 21  Comment 
More dads are getting involved with parenting, but the resources to help them are much slimmer than those available for moms.
The Economic Times  Feb 21  Comment 
A shift in market base to a higher level can signal that more traders do not expect the Nifty50 to slip below the 8,800 mark, which is a bullish sign.
DailyFinance  Feb 20  Comment 
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OilVoice  Feb 20  Comment 
A local family support charity has received a welcome 30th birthday gift in the form of a substantia ...


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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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