support level
nounStock Exchange.
a minimum price below which a specific stock is not supposed to fall, as because of the stock's inherent worth.
Origin of support level
1First recorded in 1950–55
- Also called support, support area, support zone .
- Compare resistance level.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use support level in a sentence
The enemy bombard Martinpuich, and our front and support areas, with heavy retaliation by our artillery.
Canada in Flanders, Volume III (of 3) | Charles G. D. Roberts
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