Support
From 123CFD
Revision as of 11:04, 11 October 2007 by 202.7.166.166 (Talk)
A support level is a price level where the price tends to find support as it is going down. 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, even by a small amount, it is likely to continue dropping until it finds another support level.
