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Technicals

Support Level

A crucial element in finance is the concept of support, which refers to a specific level or range at which a decrease in price is predicted to either stabilize or decrease due to a surge in demand. This is in contrast to resistance, which indicates a level where price increases may be inhibited. Understanding these terms is fundamental in analyzing market trends and making strategic investment decisions.
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A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used
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