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In technical analysis, a price level where the price tends to find support as it is going down, so it is more likely to "bounce" off this level rather than break through it. However, once the price has passed this level, by an amount exceeding some noise, it is likely to continue dropping until it finds another support level.
Definition source: English Wiktionary via Wiktextract
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Meaning relationships
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(stock market) the price at which a certain security becomes attractive to investors
Definition source: Princeton WordNet 3.0
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Meaning relationships
Synonyms: none provided
Antonyms: none provided
Broader terms: price, terms, damage
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