noun Stock Exchange.
a minimum price below which a specific stock is not supposed to fall, as because of the stock's inherent worth.
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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. 2019
British Dictionary definitions for support area
military an area containing concentrations of personnel and materiel ready to support a force in the field
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012