A technical analysis term that looks for a trend in the minimum prices a stock falls to before the price starts to rise again. Day traders will often try to buy shares with prices near the support line in the expectation that the price is about to increase.

Related Lessons

• Click Here for our lesson on Stocks
• Click Here for our lesson on Understanding Price Movements
• Click Here for our lesson on How to Choose and Compare Stocks
• Click Here for the Investing101 Chapter on Technical Analysis (30 min)