Pullback

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Pullback

The downward reversal of a prolonged upward price trend.

Pullback

In a price uptrend, a security's retreat from its previous high. A pullback may be a signal that the uptrend is ending and may be taken as a sign to sell. On the other hand, the pullback may be temporary and the uptrend could continue. In that case, it may be taken as a sign to buy. The meaning of a pullback depends on other technical indicators.

References in periodicals archive ?

Other cool Robot Wars toys include the PussyCat action pull-back toy, which can speed on four wheels or on its side on two, to get a better attacking position.

mega MIRROR: Join the battle of the Bots

Asked by Reuters whether the pull-back could start without a ceasefire at Debaltseve, a strategic railway junction, he said: "The Minsk agreements talk about a general ceasefire.