support level


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Related to support level: Resistance level
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  • noun

Words related to support level

(stock market) the price at which a certain security becomes attractive to investors

References in periodicals archive ?
3, as it failed to break the support level of EGP 53.
Dubai Islamic Bank is giving positive signals, and if it breaches support level of Dh6.
Automated record creation, item tracking, and budget allocation has removed some basic input and maintenance functions to a clerical support level, but judgment remains the key element for the position of managing an efficient and effective functional unit and seems a variable unlikely to change in the foreseeable future.
Widespread prepayments have washed many loans out of private pass-throughs, leaving credit support levels extremely high.
Normally, former support levels can turn the tides and provide resistance, but if XTC can break above the 900 level, we could see an acceleration of the index's recent rally.
He predicted the index would move between 7,800 to 7,900 points this week, which is the support level that would help the indicator resist the downward trend.
Dubai may witness new low, and hit a low of 3,389, so I recommend to avoid any buy positions," Osama Al Ashri, member of British organisation, Society of Technical Analysts, adding "If Abu Dhabi index breaches support level 4,467, it may hot a new lof 4,291.
AB Capital sees immediate support levels at the 7,200-7,100 range, while secondary support level was seen at the 6,900 level.
Ehab El-Saeed, head of technical analysis at Osool Securities Brokerage Company, said that the market has broken the main support level at 8,200 points.
Dubai index is trading in a high risk area, and if it breaches the support level of 3,389, we may see a new low for this year," said Osama Al Ashri, member of British organisation, Society of Technical Analysts.
In the project iMedia France Televisions wishes to entrust to an external technical support level 2 system solution digital manufacturing antenna iMedia regional France3 (video editing stations, mixing, storage processing, storage of archiving, media management system, .
Nevertheless, a crowded trade on the long side would be reason to think that there is a better chance that the support level will cease to hold this time around.
Ehab El-Saeed, head of technical analysis at Osool Securities Brokerage Company, said that the market has broken the main support level at 8,200 points falling down to 8,131 points, after being dominated by sales operations to make profits off shares that had gone up earlier.
Dubai: Dubai index, which breached the key support level of near 3,700 levels, may fall further next week even as Saudi's Tadawul index is expected to recover.
Power Course Instructor's Response: Good question- After a currency pair has a trending move, it will generally "bounce around" testing a support level after a down trend or testing a resistance level after an uptrend.
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