Technical Analysis

Support

A chart area where buying has previously limited downward price movement.

Plain-English context

Put the definition to work.

ILLUSTRATIVE EXAMPLE

An area where buying previously appeared can later fail; a chart level is evidence about past behavior, not downside insurance.

IMPORTANT DISTINCTION

Prior buying interest can vanish. A support level is not a loss floor or a guaranteed place to exit.

Further reading and verification. Examples are hypothetical, not current quotes or recommendations. Product terms, tax treatment and market rules can change. FINRA — investing insights

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