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.

Question

Quizplus · Accepted Answer

A support level is the price range where demand for a stock is expected to increase, as traders see it as a good value and are willing to buy at that price, preventing the stock from decreasing further.

A Support Level Is the Price Range at Which a Technical