What are “supportWhat are "support levels" in trading? A support level is a... More levels” in trading?
A support level is a at which buyers enter the marketWhat are value stocks? A value company is a company that app... More in such sufficient quantities that it halts the . When observing this on a , it will appear as a horizontal line where the priceWhat are value stocks? A value company is a company that app... More seems to reverse to the upside.
Together with , support levels form one of the most elementary concepts in .
At tradimo, support levels are usually visible as red lines in illustrations and screenshots. The chart below shows an example where the priceWhat is price? The price is the measure of the value of good... More reaches the same level multiple times and a support line is established.
Learn more about using support levels in trading:
