climax

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Climax

A situation in which a security's price has risen (or fallen) very quickly and very high (or low) on heavy trading volume. A climax is often followed by steep price correction. See also: Buying climax, Selling climax, Reversion to the mean.
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climax

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.