Glossary › dynamic support
Trading glossary · indicators
dynamic support
A moving line, like an average price line, that price keeps bouncing up from while a rise goes on.
The fuller meaning
A moving average or other sloping line that holds pullbacks during an uptrend, acting like a moving floor; the lessons use the 20 or 50 EMA. It works only while the trend lasts, since sideways markets cut through averages, so traders want a price signal at the touch.
dynamic support, also called moving floor.
Related words
61.8% level · ATR · ATR expansion · bearish divergence · Bollinger Bands · bullish divergence · crossover · %D · death cross · divergence