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support level

noun, Stock Exchange.
1.
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.
Compare resistance level.
Origin
1950-1955
1950-55
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for support area

support area

noun
1.
(military) an area containing concentrations of personnel and materiel ready to support a force in the field
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Value for support

11
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