What is support?Support
A price level or zone where falling prices tend to stop because buyers cluster there.
Animation · support
Learn “support” in an animated lesson
- Forex: Pending Orders & RiskBuy Limit: Buying the Dip
A buy order placed below the current price: wait for the price to dip somewhere cheaper, then buy, expecting a bounce.
- Technical Analysis: Candles & ChartsClassic Candlestick Patterns
Hammers, shooting stars, engulfing patterns, dojis, morning stars: the mood of buyers and sellers revealed by one candle or a few.
- Technical Analysis: Candles & ChartsSupport and Resistance
When the price repeatedly stops falling or stalls at the same place, those levels are support and resistance.
Related terms
See how “support” works for yourself with an animation you can drag and play.
Go to “Buy Limit: Buying the Dip”