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pullback

 - 3 dictionary results

pull⋅back

  [pool-bak]
Use pullback in a Sentence
–noun
1. the act of pulling back, esp. a retreat or a strategic withdrawal of troops; pullout.
2. that which pulls something back or impedes its forward movement.
3. Machinery. a device for pulling a moving part to its original position.
Origin:
1585–95; n. use of v. phrase pull back
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To pullback
pull·back   (pŏŏl'bāk')   
n.  

  1. The act or process of pulling back, especially an orderly troop withdrawal.

  2. A device for holding or drawing back: a pullback for heavy draperies.

The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary

Pullback

A falling back of a price from its peak. This type of price movement might be seen as a brief reversal of the prevailing upward trend, signaling a slight pause in upward momentum.

Investopedia Commentary

Often pullbacks are seen as buying opportunities after a security has had a large upward price movement. It is important, however, to analyze closely any pullback as it may be a sign of a definite trend reversal or a slight pause in the upward trend, each having very different trading implications.

Related Links

Price Patterns - Part 1
Introduction To Technical Analysis
Peak-and-Trough Analysis

See also: Chartist, Correction, Retracement, Reversal, Technical Analysis, Trend

Also spelled: pull back

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