Retracement


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Retracement

A price movement in the opposite direction of the previous trend.

Retracement

A situation in which a price begins to move back toward its former price after it has changed significantly in a brief period of time. An example of retracement occurs when a stock falls 10% but then recovers 8%.
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Kevin Matras shows how to use stock retracements and moving averages to pin-point rebound reversals and rally continuations.
Today an upward retracement will occur within the downward correction movement.
00, a 50 percent retracement of its fall from just above 88.
The AUD/USD rallied after the a harmonic retracement noted in the previous update.
In fact, today's low came remarkably close to a 50-percent retracement of the stock's rally from its July low (14) to its October high of (18.
Fibonacci retracement is a very popular tool among technical traders and is based on the key numbers identified by mathematician Leonardo Fibonacci in the thirteenth century.
A minimum retracement is usually about a third of the prior trend.
3 mark, which defines a 50-percent retracement between the stock's May 5 peak and its July 18 nadir.