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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

Pivot  

Definition 1.

Price level established as being significant by market's failure to penetrate or as being significant when a sudden increase in volume accompanies the move through the price level.
 

Definition 2.

A price level established as being significant either by the market's failure to penetrate it or when a sudden increase in volume accompanies the move through the price level.
 
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