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Community: Investing Wiki

Term Of The Hour

pivot point: Original post by Slav Fedorov of Demand Media A pivot point on a stock chart is the price level at which a major move of significance can start. Pivots can be either a reversal or continuation of a trend. A reversal pivot is the level at which a stock is likely to change direction from up to down or vice versa. A continuation pivot is the level from which a stock's advance would resume in the same…

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