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Technically Strong

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technically strong
Used to describe a security or the whole market when most technical indicators point toward a price rise. For example, a stock may be technically strong because it has twice attempted and failed to break through a support level.
Technically Strong
In technical analysis, describing a security or market that is rising on high volume or falling on low volume. Technical strength is important to determining a security's or market's momentum. Rising on high volume or falling on low volume means that it is likely that the security or market is on a bullish trend.


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