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Glossary Term: SUPPORT

Definition(s) for SUPPORT:


1. ) refers to an effective lower bound on prices supported because of many willing buyers at that price level.

2. ) A term in technical analysis indicating a price area lower than the current price of the stock, where demand is thought to exist. Thus a stock would stop declining when it reached a support area. See also Resistance.

3. ) A term used in technical analysis to describe a price area at which falling prices are expected to stop or meet increased buying activity. This analysis is based on previous price behavior of the stock.


See Also:
SUPPORT TRANCHE, PRICE SUPPORT, SUPPLY, LAW OF THE RELATIONSHIP BETWEEN PRODUCT SUPPLY AND ITS PRICE.SUPPORT, BROKER BOOTH SUPPORT SYSTEM® (BBSS), POST SUPPORT SYSTEM (PSS), CUSTOMER RELATIONS AND SUPPORT OFFICE (CRSO), ORIGINAL APPLICABLE CREDIT SUPPORT PERCENTAGE, CREDIT SUPPORT COLLATERAL ACCOUNT


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