Question

A support level is the price range at which a technical analyst would expect the Multiple Choice demand for a stock to decrease substantially. price of a stock to fall. supply of a stock to increase dramatically. supply of a stock to decrease substantially. demand for a stock to increase substantially.

Answer 1

The answer is D. demand for a stock to increase substantially.

Step-by-step explanation:

The point where technical analysts expect a substantial increase in the demand for a stock to occur is called a support level.

Most stock prices remain stable and fluctuate up and down. The lower limit to these fluctuations is called a support level - the price range where a stock appears cheap, making its demand to increase substantially.