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Test

The event of a price movement that approaches a support level or a resistance level established earlier by the market. A test is passed if prices do not go below the support or resistance level, and the test is failed if prices go on to new lows or highs.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

test

The attempt by a stock price or a stock market average to break through a support level or a resistance level. For example, a stock that has declined to $20 on several occasions without moving lower may be expected to test this support level once again. Failing to fall below $20 one more time would be considered a successful test of the support level and a bullish sign for the stock.
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.
References in periodicals archive ?
Certainly, there are many Jewish legal hurdles test-tube meat would have to clear before a definitive answer could be reached.
Elizabeth Carr was born three years after the world's first test-tube baby, Louise Brown, was born in England.
A clone would likely have no more issues about self-worth and life chances than test-tube babies or adopted children do today.
Earlier Sharma had said that technology behind in-vitro fertilisation (IVF) and test-tube babies, must have existed during the time of Ramayana, through which Sita was born.
She tried for a baby for three years before her test-tube op.
Sanderson cautions that the PBDE and metabolite doses he used in the test-tube studies were high.
The world's first test-tube baby was Louise Brown who was born 18 years ago.
ence aised than ally, ies The first laboratorygrown beef burger was the culmination of a five-year science experiment, but raised more questions than answers - principally, "Do you want fries with that?" How is a test-tube burger created?
At the E.Hormone meeting, a group from three New Orleans universities reported similar HIF changes in test-tube studies of gonadal and liver cells from trout.
Not only did Brown's birth mark a major milestone, but so did her conception, as she was the world's first test-tube baby.
The birth of the test-tube foals means horses able to gallop faster and jump higher can now be produced under laboratory conditions.
Scientists in Japan now report that a simple sugar called trehalose can impede this protein aggregation in test-tube and animal experiments.