Rally Tops A price level that concludes a short-term rally in an ongoing trend. A bull market will be made up of a series of rally tops. Random Shock The unexplained component of an equation that models a time series (e forecast errors).
In broad terms, swing traders aim to profit from the upswings and downswings in the market, identifying rally tops to sell into and troughs in price declines in which to buy.
The point where a rally stalls. A bull move will usually make several rally tops over its life. Range The high and low prices or high and low bids and offers, recorded during a specified time.
Rally: A brisk rise in the general price level of the market or in an individual stock. Rally Tops: A price level that concludes a short-term rally in an ongoing trend. A bull market will be made up of a series of rally tops.
A bull move will usually make several rally tops over its life. Range: The difference between the high and low prices of a commodity during a given period, usually a single trading session.
See also: Trading, Seller, Security, Resistance, Trend
 
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