Trading Strategies

Support Level

Definition

What is Support Level?

A price area where buying has historically been strong enough to slow declines.

Example in practice

Buyers repeatedly appear near ₦50.

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The tendency of assets with strong recent performance to continue outperforming for a period.

A persistent direction in price or market movement.

A pattern of generally rising prices, often marked by higher highs and higher lows.

The evaluation of economic, industry, company, and financial information to estimate an investment's value.

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