Confirmation
Technical analysisRequiring a second condition — volume, a close, a retest — before entering.
In plain terms
Waiting for a retest feels prudent and removes the strongest breakouts, which never retest.
1492 terms
Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 8 terms
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Confirmation bias
Risk & psychologySeeking and favouring information that supports an existing belief.
In plain terms
Stock-tip groups are confirmation machines — everyone in them already owns it.
No dues certificate
Regulation & taxA lender's written confirmation that nothing further is owed on a loan account, issued on closure or settlement.
In plain terms
Get it, and then check that any charge on the property or vehicle has actually been released in the register where it was recorded. A discharged loan showing a live charge surfaces years later, when the asset is being sold.
Death cross
Technical analysisWhen the 50-period moving average crosses below the 200-period average.
In plain terms
A dramatic name for a late confirmation. Much of the decline has already happened by the time it prints — it marks which regime you are in, not what to do that day.
Falsifiability
Risk & psychologyThe requirement that a written thesis name in advance the specific, observable events that would prove it wrong.
In plain terms
What separates analysis from hoping. A thesis that cannot be wrong cannot be right either, because every development will be reinterpreted as confirmation.
Golden cross
Technical analysisWhen a 50-period moving average crosses above the 200-period average.
In plain terms
Confirmation of a change that already happened, not a forecast. Late by construction.
Hammer
Technical analysisA candle with a small body near the top and a long lower wick, appearing after a decline.
In plain terms
Sellers pushed price down and buyers took it all back. Bullish — after confirmation.
Shooting star
Technical analysisA candle with a small body near the bottom and a long upper wick, appearing after an advance.
In plain terms
Buyers ran it up and got sold into. Bearish — after confirmation.