Business, Legal & Accounting Glossary
Advice for a trader to buy a security at a time when its price has gone over a certain level of resistance which requires placing a buy stop order on the level of resistance. A trader deduces that an ideal buying opportunity will become evident when the level of resistance has been broken and the momentum will increase after the price moves past barriers.
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This glossary post was last updated: 20th November, 2021 | 0 Views.