Glossary/Price action/Support
Price actionDay 7 of 1000

Support

Definition

A price level where buying tends to step in and halt a decline. It acts like a floor until it breaks.

Example

If a stock bounces off $100 three separate times, $100 is support — traders watch for another bounce or a breakdown.

Chart basics. A floor where buyers keep stepping in.

In plain words

The price a stock keeps bouncing up from, like a floor.

The chart
Chart explaining Support

A price floor where buyers step in.

The slides

All 4 slides, still.

Tap a slide to open it full size. Save it, share it, study it.

Related terms
Get the pack

Chart Patterns Pack

This term is part of our printable Chart Patterns Pack: every slide and chart in one tidy PDF.

Get the packcoming later
Go deeper

A Random Walk Down Wall Street

by Burton G. Malkiel

[Placeholder: your one-line take on why this book helps with Support.]

View on AmazonAffiliate link: we may earn a small commission at no cost to you. Disclosure
The newsletter · free

Learn one term a day, by email.

Sign up and we’ll send you a one-page 30 candlestick patterns cheat sheet, then a calm weekly recap of that week’s 7 terms. No hype, unsubscribe anytime.

Coming soon · we only use your email for the newsletter. Privacy
← Day 6Take ProfitDay 8 →Market Order