Support Level

New York Times  4 hrs ago  Comment 
If you want your children to have any idea what it takes financially to take care of a family, or of themselves, it starts by letting them in on what it takes to support the family they’re a part of now.
Forbes  9 hrs ago  Comment 
Out of 76 percent of American adults who heard about the attack on French satirical magazine Charlie Hebdo, the majority have said the decision to publish cartoons depicting the Prophet Muhammad was okay. The findings from the Pew Research Center...
Financial Times  11 hrs ago  Comment 
Share prices bounce back but solvency worries remain
The Economic Times  Jan 28  Comment 
US Commerce Secretary told Indian investors that the US is one of the leading destinations for investment and Obama takes special interest in the Select USA Initiative.
USDA AMS  Jan 28  Comment 
USDA Partnering to Conduct Grant Workshops in Support of Local Foods
Market Intelligence Center  Jan 28  Comment's option-trade picking algorithms have identified an attractive covered-call trade on New York Times Co (NYT). Look at the Jul. '15 $13.00 covered call for a net debit in the $12.08 area. This trade has a duration of...
Insurance Journal  Jan 27  Comment 
A proposal that the state take over enforcement of workplace safety rules from the federal government seems unlikely to pass this year but still has some support in the Kansas House. Republicans on the Senate Commerce Committee pulled back from...


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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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