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Support

When investors and traders use the term support When investors and traders use the term support When investors and traders use the term support When investors and traders use the term support, or support level, they are often speaking about a p... More , or support level, they are often speaking about a p... More , or support level, they are often speaking about a p... More , or support level, they are often speaking about a perceived price ratio in which the value of an asset Can be stocks, commodities, indexes or Forex currency pairs. More appears to be have a foundation of strength and is therefore a value in in which the price will have a difficult time to go lower. The term support is often used by technical The use of the term technical The use of the term technical The use of the term technical in trading usually refers to a variety of methods in which a trader or... More in trading usually refers to a variety of methods in which a trader or... More in trading usually refers to a variety of methods in which a trader or... More traders as a price value that they believe an asset Can be stocks, commodities, indexes or Forex currency pairs. More will be unlikely to fall through – to a lower cash level. It can be interpreted as a place on a technical chart in which a reversal may be expected to take place. It can also be a measurement that an investor refers to when an asset has fallen through what was perceived to be a targeted value. The opposite of the term support in trading is called resistance When investors and traders use the term resistance When investors and traders use the term resistance When investors and traders use the term resistance, or resistance level, they are often speaking abo... More , or resistance level, they are often speaking abo... More , or resistance level, they are often speaking abo... More .