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Definition

On a chart, a line drawn indicating the price level at which falling prices have stopped falling and have moved sideways or reversed direction. This usually happens because one or more large players have given buy orders which come into effect below that price. The support will last until the trend changes direction or the buy orders are filled.
<figure class="container-fluid"><img class="img-responsive" style="display: block; margin: 0 auto; max-width: 100%;" src="https://www.pdsnet.co.za/onlinecourse/img/glossary/support-2.jpg" alt="Support Line" />
<figcaption style="text-align: center;">Support Line</figcaption>
</figure>

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