Support (finance)


In the technical analysis of the Stock Exchange, the price level under which the stock quotation has difficulty getting off is called support.

This is where the pressure on the market made by sellers fails to overcome buyer pressure. If the price falls below the subsidy and, at a subsequent rise, it does not have to retrieve the support price, then it is very likely that there will be further sequential rebates in the quotes. The support would become a resistance in this case.

A pierce of more media in a short time is defined, in financial language, panic selling. Links externalize the wikitesto

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