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 ?

We first recall some useful properties about weak pullbacks.

Abstract sectional category

The pipe string-out area was adjacent to the existing Line 6B easement, and had a snake-like product pipe string-out while elevated over and across the 75-foot-wide Talfourd Creek on the front end of the pullback near the exit hole.

HDD solves crude line replacement across St. Clair River

Still, the potential for a systematic and widespread pullback in credit access needs careful monitoring.

Statement by Lawrence B. Lindsey, Member, Board of Governors of the Federal Reserve System, before the Committee on Banking and Financial Services, U.S. House of Representatives, September 12, 1996

Several of Michels veteran personnel brain stormed, designed and fabricated a deadman system to handle the anticipated loads expected during pullback.

Michels installs record crossing

Reaching a point during product pullback where the pulling forces required to pull in the pipe exceed maximum capability (a condition often referred to as hydrolock) is one potential problem.

Pipe ramming percussive power assists during giant pullback. (Key Role On Gulfstream Pipeline)

Among the larger equipment items was a custom built HDI directional drilling rig with a rated pullback of 500,000 pounds, that was set up on the west bank of the river.