Pivot
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| When a market is rallying and today?s low is less than the low of the highest day in the rally, that high becomes a pivot, or swing high. | ||
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Additional Comments:
When a market is declining and today's high is greater than the high of the lowest day, then that low becomes a pivot, or swing low. Each pivot high and low is called a pivot.
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Related Terms: | ||
Alternate Price Projection (APP) Compares the price range of swings in the same direction. The most frequently used percentage ... High-Tech Stock Stocks of companies operating in high-technology fields. ... High-Frequency Trading Trading very frequently; scalping. A high-frequency trader uses tick data. ... | ||
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