Pivot

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Pivot

Price level established as being significant by market's failure to penetrate or as being significant when a sudden increase in volume accompanies the move through the price level.

Pivot

A price that a security fails to either break above or fall below, or a price that a security reaches when its trading volume increases. If a security breaks above (or falls below) a pivot, it is expected to continue to rise (or fall). See also: Support level, Resistance level.
References in periodicals archive ?
On Technical basis the market close above the pivot point (PP).it mean the oil is still trying to make the above 50 $ per barrel range if the oil play above the 48$ it is possible make Buy position.
GBP/USD pivot point is 1.6886, with resistance levels at 1.6901, 1.6911 and 1.6926; and support levels at 1.6876, 1.6861 and 1.6851.
The Pivot Point is a quick read, spanning about 100 pages, but don't mistake brevity for depth of content.
And that is the whole point of the Pivot Point Strategy.
"the visit comes at an important time, as this is really a pivot point in our
This is half the value of the pivot point in both X and Y and represents the ramp-in start position.
The quickest and surest method has to be China/Russia style police bullet to rear of skull, at spinal pivot point. Nerve gas probably takes about 20 seconds; the USA's gas method and also electrocution are rather crude and less than humane.
Forsythe's ballets, stripped of classical, historical associations and refined to a tool for the investigation of physics or philosophy, become interrogative rather than declarative--what are pointe shoes but a useful pivot point, or instruments to smack and slide across the floor?
The students are from Dudley College's partner college, 'Pivot Point' in Chengdu, China, the home of the Giant Panda.
The artificial embankment--formed from 10 000 tons of 'stent' quarry waste--ascends to the pivot point, recalling the monumental scale of earth movement and sculpting that is characteristic of this area; a place where industry has brought a very specific identity.
[From 1803 to the present,] New Orleans was, in many ways, the pivot of the American economy." Spain, France, and England all coveted control of that critical pivot point, and had it fallen into the hands of any of those powers, modern America would not have come into being.
It's a radical departure from standard uprights, with wheels that flip up so a ball roughly 8 inches in diameter becomes a highly maneuverable pivot point.