 |
Definition of 'Pivot'
A price level established as being significant either because the market fails to penetrate it or because a sudden increase in volume accompanies a move through that price level.
|
 |
Investopedia explains 'Pivot'
As a technical indicator, the pivot price is similar to resistance or support levels. If the price is exceeded, a breakout is expected to occur.
|
-
Learn how Bollinger's "squeeze" can help you determine breakout direction.
Read More »
-
Wondering what it means to be a "logical trader"? Take a look at this system devised by Mark Fisher.
Read More »
-
Reading pivots will help you spot trends and use them to your advantage.
Read More »
-
|
|