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test |
Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia, Hutchinson | 0.02 sec. |
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Test The event of a price movement that approaches a support level or a resistance level established earlier by the market. A test is passed if prices do not go below the support or resistance level, and the test is failed if prices go on to new lows or highs.
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| Consider the ease with which people see life forms in the smudgy blots of a Rorschach inkblot test and name and talk to cars, computers, and other valued possessions. Even the Rorshach Inkblot Test, a projective technique, has been found to be culturally biased (Kaplan, Rickers-Ovsiankina, & Joseph, 1956). |
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