Support Level

Posted on February 11, 2011 by Thomas DeGrace

Support Level is referred either as index average like the DJIA or an individual stock in which the buyers start to out number the sellers. Resistance level is the opposite of support level.

Understand How “Support Level” Works

When a stock or index reaches this support level the odds tend to favor the price going up verses going down.

Related posts:

  1. Oversold
  2. Index Fund
  3. Margin Call
  4. Dow Jones Industrial Average

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