SUPPORT LEVEL


Meaning of SUPPORT LEVEL in English

Stock Exchange.

a minimum price below which a specific stock is not supposed to fall, as because of the stock's inherent worth. Also called support, support area, support zone . Cf. resistance level .

[ 1950-55 ]

Random House Webster's Unabridged English dictionary.      Полный английский словарь Вебстер - Random House .