Pivot
A price level established as being significant either because the market fails to penetrate it or because a sudden increase in volume accompanies a move through that price level.
As a technical indicator, the pivot price is similar to resistance or support levels. If the price is exceeded, a breakout is expected to occur.
As a technical indicator, the pivot price is similar to resistance or support levels. If the price is exceeded, a breakout is expected to occur.
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