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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.

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Technical analysis

A reversal pattern where price fails twice at the same level, confirmed only when the low between the two peaks breaks.

In plain terms

Calling it while price is still approaching an old high is one of the more reliable ways to short a strong uptrend. Until the intervening low goes, this is a test of resistance.

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Indian stock market glossary · Market Vidyalaya