FAS 0.00% 0.4¢ fairstar resources limited

opening price anyone,lets have a raffle!, page-6

  1. 5,378 Posts.
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    The term support is actually past tense for the SP not dropping below that level of 'Support' numerous times. Support is not used in describing market depth.

    The technicals behind it are that if people have bought at that level or higher previously, there are less likely to sell below it at a loss and hence the SP is less likely to go below.
 
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