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Forex Trading What is a support level?
avatar Sereeena
Question by: Sereeena - 17 Oct 2012, 08:10:42
What is a support level?
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Answers (3)
avatar user 630
Answer by: JayV - 18 Oct 2012, 07:32:54

Support level is the level that determines on how low will the current movement of a particular commodity will go. Support level is a value which determines the downward movement of a particular trend for a period of time.

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Answer by: Joseph - 23 Apr 2015, 03:06:21

The price level which, historically, a stock has had difficulty falling below. It is thought of as the level at which a lot of buyers tend to enter the stock.

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Answer by: Henry - 25 May 2015, 05:55:22

A level at which a lot of buyers tend to enter the stock.

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