Price target
Technical analysisA pre-defined level at which a position will be closed for profit.
In plain terms
Compute it before entering. Its job is deciding whether to take the trade at all.
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 1 term
A pre-defined level at which a position will be closed for profit.
Compute it before entering. Its job is deciding whether to take the trade at all.