A support level is the price range at which a technical analyst would expect the
A) supply of a stock to increase dramatically.
B) supply of a stock to decrease substantially.
C) demand for a stock to increase substantially.
D) demand for a stock to decrease substantially.
E) price of a stock to fall.

Question

Quizplus · Accepted Answer

A support level is typically where demand increases, preventing the stock price from decreasing further.

A Support Level Is the Price Range at Which a Technical