Definition of Support
A price level where buying pressure historically prevents the price from falling further. Support levels are identified on charts as areas where price has bounced upward multiple times.
At a glance
Example
Apply the definition: restate “Support” in one sentence tied to your next trade (symbol, direction, size, stop). If you cannot, re-read the definition above.
Common mistake
Common mistake: using “Support” as loose slang while your broker/platform specification defines it more narrowly.
Professional tip
Tip: bookmark this “Support” page and reopen it when reading broker specs so definitions stay consistent.