test(redirected from Swinging flashlight test)
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Related to Swinging flashlight test: Relative Afferent Pupillary Defect, Afferent pupillary defect, swinging light test
The attempt by a stock price or a stock market average to break through a support level or a resistance level. For example, a stock that has declined to $20 on several occasions without moving lower may be expected to test this support level once again. Failing to fall below $20 one more time would be considered a successful test of the support level and a bullish sign for the stock.