Sentences with phrase «support level»

The phrase "support level" refers to a specific point or price at which a financial asset, like a stock or currency, tends to stop falling in value because there are buyers who want to buy it at that price. It acts as a kind of floor, preventing the asset from dropping further. Full definition
I am capable of supporting any level of management and executives.
On the downside, the immediate support level at $ 625 is not very strong while the next handle is at $ 600.
Let's take an objective look at key support levels on a few charts that may help to answer that question.
Last week we saw huge volumes of selling and major support levels breaking.
Currently, it looks like $ 10,000 is acting as a psychological support level for bitcoin.
This is because the traders will sell that currency when it reaches the former support level in order to limit their losses and regain the former price they had.
Or it can be set just below the next support level of the rising stock.
The standout feature on the chart is the strong support level near $ 43 and resistance near $ 54.
When prices don't sustain below support levels on negative news, it is a sign that the bears are losing their grip.
By that we mean price action reacts more strongly to resistance and support levels on a chart much better than equity markets do.
Then I go to the charts to find strong support levels and trend lines.
A short - term support level is forming around $ 399 level.
A review of the major indices shows we are at critical support levels across the board.
This phenomenon is the main reason why broken support levels become resistance whenever they break.
It is down around 25 % this week and it recently broke a couple of important support levels such as USD 10,000 and 9,000.
The crypto could not find support at the immediate support level at $ 212, and the price broke past amid increasing selling pressure.
Major support levels found are still found at $ 1000, $ 800, $ 650, and $ 600.
If support levels are broken, they often become new resistance levels, because the currency fails to reach its precious lowest level.
Although the main stock market indexes were flat yesterday, there were at least two ETFs we have been monitoring that pulled back to near - term technical support levels.
Price tests support level twice but is rejected and can not close below.
Following that rise, a bear correction will send the bitcoin price to a new support level around $ 700, launching a new sideways lateral movement with resistance at $ 1000.
A pivot point is considered a price support level if the underlying financial instrument is trading higher than the pivot point.
Because the swing low rate sometimes becomes a level of support, a falling price may recover before it actually falls through a previous support level.
The prices of many of the leading cryptocurrencies broke lower support levels and barely sustained in their all - time lows.
At the moment, prices are correcting lower and trading near crucial support levels.
From an energetic standpoint, these industries «can not support any level of storage,» the study concluded.
On the downside, the USD 11,000 support level holds a lot of importance.
According to indicators, several support levels are ready to rise even if profit - taking takes place or if the big players force a sideways lateral market.
We remain bullish on this market as the overall trend is up and price is trading above key support levels still.
The 50 - day moving average is a very important support level during a rally, as it is basically the line in the sand for the bulls.
That's a historical support level, and it's the most significant feature of the dollar index chart.
The coin has to get back above the prior support level, or it will remain in a declining long - term trend.
Stop - Loss: It's recommended to place the stop - loss below the most recent support level, it keeps the trading risk low.
Consider the following weekly chart, showing two potential support levels (in yellow).
A diverse array of tech companies, entrepreneurs, pharmaceutical companies, universities, and financial services support some level of reform to the nation's patent - litigation system.
Hence, for long trading setups, using support levels as stop - losses is logical.
A the stop loss is only triggered if the exchange rate falls below an established support level.
For a short position, the closest support level is the highest probability target.
Dash looks set to test the psychological support level of $ 300.
In addition to the prior high, the 10 - week moving average is also acting as resistance — remember that former support levels become new resistance after the support is broken.
But if that moving average fails to hold as support, then a touch of the 10 - day moving average is the next logical support level.
This «at a glance» guide to the history of Art can be used to support A Level Art students during their studies.
Prices are still sustained among several resistance and support levels created during the last rise movement.
They don't even have to release the results of votes held to gauge investor support levels for a company board.
Gold shows weak trending activity and poor support levels.
a b c d e f g h i j k l m n o p q r s t u v w x y z