Technical
Support
QUICK DEFINITION
Support in Elliott Wave Theory: A price level where buying pressure tends to prevent further price declines. In Elliott Wave, the end of Wave 1 is a critical support level that Wave 4 must not violate in a standard impulse.
What Support Means
A price level where buying pressure tends to prevent further price declines. In Elliott Wave, the end of Wave 1 is a critical support level that Wave 4 must not violate in a standard impulse.
Where You'll See It
Support appears regularly in Artavest's weekly wave-count analysis across 108 US stocks and ETFs. It's part of the technical family of Elliott Wave concepts and shows up most often when analysts are applying technical analysis tools — RSI, MACD, moving averages — alongside the wave count.
LEARN MORE
- → Elliott Wave Theory Guide — the 5-3 pattern, rules, Fibonacci, wave degrees
- → Elliott Wave Cheat Sheet — the 3 absolute rules and 6 Fibonacci relationships
- → Our Methodology — how Artavest analysts count waves on 108 US instruments