- a minimum price below which a specific stock is not supposed to fall, as because of the stock's inherent worth.
Compare resistance level.
Origin of support level
First recorded in 1950–55
Also called support, support area, support zone.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
- military an area containing concentrations of personnel and materiel ready to support a force in the field