Glossary entry (derived from question below)
French term or phrase:
Rupture du premier support
English translation:
first support level penetration
Added to glossary by
Anne Micallef
May 3, 2008 09:25
16 yrs ago
French term
Rupture du premier support
French to English
Bus/Financial
Finance (general)
Unfortunately I don't really have a context, apart from it being financial. I have a list of codes and then an explanation. Sometimes the codes can help but there's nothing in this case. Other terms in this list include: "Recommendation" and "Candlestick" if these ring any bells!
Proposed translations
(English)
| 4 | first support break/penetration |
Bourth (X)
|
| 5 | penetration of first support or breakdown |
Gustavo Silva
|
| 1 | pull out , retraction of prime (first-line) support |
cjohnstone
|
Proposed translations
2 hrs
Selected
first support break/penetration
or words to that effect, not necessarily in that order.
This is all to do with those clever charts that smartderrière traders and computers use to make the world financial system collapse.
TECHNICAL ANALYSIS [of shares] is widely used among traders and financial professionals, but is considered by many to be pseudoscience[2] or "voodoo finance;" it receives little or no direct support from academic sources and is considered akin to "astrology." [ … ]
There are several schools of technical analysis. Adherents of different schools (for example, CANDLESTICK CHARTING, Dow Theory, and Elliott wave theory) may ignore the other approaches, yet many traders combine elements from more than one school. Technical analysts use judgment gained from experience to decide which pattern a particular instrument reflects at a given time, and what the interpretation of that pattern should be.
http://en.wikipedia.org/wiki/Technical_analysis
Support
A support level is a price level where the price tends to find support as it is going down. This means the price is more likely to "bounce" off this level rather than BREAK THROUGH it. However, once the price has passed this level, even by a small amount, it is likely to continue dropping until it finds another support level
http://en.wikipedia.org/wiki/Support_and_resistance
US Dollar Threatens to BREAK Key Support Level :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website.
www.marketoracle.co.uk/Article1606.html
Resistance was first established by the September support BREAK at 42.5. After a support level is broken, it can turn into a resistance level. ...
stockcharts.com/education/ChartAnalysis/supportResistance.html
The problem with the support level is that is has been tested repeatedly (4 times) since May and with any further pressure will likely BREAK. ...
www.theoasisclub.net/11memnov042007.html
After a support level is PENETRATED, it often becomes a resistance level; ... upper hand and a support break signals that supply (bears) has won the battle. ...
www.tradersedgeindia.com/support_resistance.htm
I suggest you wait for rkillings to drop by though.
This is all to do with those clever charts that smartderrière traders and computers use to make the world financial system collapse.
TECHNICAL ANALYSIS [of shares] is widely used among traders and financial professionals, but is considered by many to be pseudoscience[2] or "voodoo finance;" it receives little or no direct support from academic sources and is considered akin to "astrology." [ … ]
There are several schools of technical analysis. Adherents of different schools (for example, CANDLESTICK CHARTING, Dow Theory, and Elliott wave theory) may ignore the other approaches, yet many traders combine elements from more than one school. Technical analysts use judgment gained from experience to decide which pattern a particular instrument reflects at a given time, and what the interpretation of that pattern should be.
http://en.wikipedia.org/wiki/Technical_analysis
Support
A support level is a price level where the price tends to find support as it is going down. This means the price is more likely to "bounce" off this level rather than BREAK THROUGH it. However, once the price has passed this level, even by a small amount, it is likely to continue dropping until it finds another support level
http://en.wikipedia.org/wiki/Support_and_resistance
US Dollar Threatens to BREAK Key Support Level :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website.
www.marketoracle.co.uk/Article1606.html
Resistance was first established by the September support BREAK at 42.5. After a support level is broken, it can turn into a resistance level. ...
stockcharts.com/education/ChartAnalysis/supportResistance.html
The problem with the support level is that is has been tested repeatedly (4 times) since May and with any further pressure will likely BREAK. ...
www.theoasisclub.net/11memnov042007.html
After a support level is PENETRATED, it often becomes a resistance level; ... upper hand and a support break signals that supply (bears) has won the battle. ...
www.tradersedgeindia.com/support_resistance.htm
I suggest you wait for rkillings to drop by though.
4 KudoZ points awarded for this answer.
Comment: "Many thanks for all the refs, v useful. I added "level" "
39 mins
cjohnstone
France
France
Native in French
&
English
Works in field
France
Experience and feel
Native in: French 
, English (Variant: British)
Works in: English to French, French to English
Related KudoZ points
:
70
pull out , retraction of prime (first-line) support
vague clues, sure someone will know better!!!! :)
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Note added at 45 mins (2008-05-03 10:10:44 GMT)
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Sorry, but I do believe that one can give clues even when most unsure... The idea of answering only when yo are SURE... should mean none of us would ever help!!! Instinct (including mistaken) can prompt others to get on the right track... this is why I answer even if just vague clues, my clues can help colleagues to get it right even if unable to do it myself!!! I do love this try and go, this should be the gist of Kudoz, just clues until someone finds THE right one... I consider Proz as a pool of ideas, and in the end it does work
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Note added at 49 mins (2008-05-03 10:14:38 GMT)
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this is why when even 100% sure I never get beyond medium... leave others free to imagine better ideas and in this job to me abobe medium confidence is suspiscious... :)
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Note added at 45 mins (2008-05-03 10:10:44 GMT)
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Sorry, but I do believe that one can give clues even when most unsure... The idea of answering only when yo are SURE... should mean none of us would ever help!!! Instinct (including mistaken) can prompt others to get on the right track... this is why I answer even if just vague clues, my clues can help colleagues to get it right even if unable to do it myself!!! I do love this try and go, this should be the gist of Kudoz, just clues until someone finds THE right one... I consider Proz as a pool of ideas, and in the end it does work
--------------------------------------------------
Note added at 49 mins (2008-05-03 10:14:38 GMT)
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this is why when even 100% sure I never get beyond medium... leave others free to imagine better ideas and in this job to me abobe medium confidence is suspiscious... :)
Note from asker:
| Yes I quite agree! I too see ProZ in this way. All suggestions are very gratefully received. Your clues will surely help. |
3 hrs
Gustavo Silva
Portugal
Portugal
Specializes in field
Portugal
The best value for your money
Native in: Portuguese
Works in: French to Portuguese, English to Portuguese
Related KudoZ points
:
8
penetration of first support or breakdown
These terms are from technical analysis (mainly of stocks or indexes)!
"Technical analysis is a financial markets technique that claims the ability to forecast the future direction of security prices through the study of past market data, primarily price and volume."
"Technical analysis is a financial markets technique that claims the ability to forecast the future direction of security prices through the study of past market data, primarily price and volume."
Example sentence:
This article from The Investment FAQ discusses technical analysis, ... the opposite of upside breakout is called "penetration of support" or "breakdown".
Note from asker:
| Thanks for your help and the ref, which was v useful for other terms I was having problems with |
Discussion