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Kalkine Media ASX Share Market News & Research

Definition

Related Definitions


Retracement

  • Updated on

Retracement is a technical term used in technical analysis, which primarily reflects temporary pullback in an ongoing trend, and should be confused with reversals as retracements are generally short-term in nature, which marks its presence mainly due to the profit booking activities or other short-term opposite sentiments from the initial rally.

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