If you prefer to buy stocks at prices which are considered relatively low, you should buy a stock when its price:

Question

Quizplus · Accepted Answer

Buying a stock when its price approaches the support level is a strategy used by investors to buy stocks at relatively low prices. This is because the support level is considered the price at which buying demand is strong enough to prevent the stock price from falling further, hence providing a good buying opportunity for investors. Additionally, if the investor expects the price to rebound, then buying at the support level increases their chances of making a profit.

If You Prefer to Buy Stocks at Prices Which Are