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 ?
I rode the winner, Silver Jorden, when Pivotable was third at Lingfield recently.
5 Ton 360 Percent B0 Degree Swiveling And 180 Percent B0 Degree Pivotable With Ball Bearing For Free Turning And Suitable For Lifting Of Rud Make Or Equivalent Make Of Codipro Or Gunnebro Only.
Madame Jones scored by half a length and a head over 14-1 shot Pivotable and 7-1 chance Calling The Shots.