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Pullback |
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Pullback The downward reversal of a prolonged upward price trend. Pullback In a price uptrend, a security's retreat from its previous high. A pullback may be a signal that the uptrend is ending and may be taken as a sign to sell. On the other hand, the pullback may be temporary and the uptrend could continue. In that case, it may be taken as a sign to buy. The meaning of a pullback depends on other technical indicators. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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