Pivot

What Does Pivot Mean?
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.

Filed Under: Active Trading, Technical Analysis

Related Terms

Breakout
Pivot Point
Resistance
Support
Technical Analysis
More Related Terms

Related Links

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