TECHNICAL RALLY


Meaning of TECHNICAL RALLY in English

Used in the context of general equities. Short rise in securities or commodities futures prices within a general declining trend. Such a rally may result because investors are bargain hunting or because analysts have noticed a particular support level at which securities usually bounce up. Antithesis of correction .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.