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Definition of "retracement" [retracement]

  • A reversal in the trend of the price of a stock or commodity (noun)

Wiktionary.org : Text is available under the Creative Commons Attribution-ShareAlike License

Use "retracement" in a sentence
  • "We could ponder why that is, but more importantly, we've been ramping up the lock discourse recently and this afternoon, we see the highest risks of short term retracement in a while."
  • "The common currency tested a key short-term retracement level today, representing 50% of the March range."
  • "The daily chart is indicating a weakening condition because of the market's inability to establish support at the short-term retracement zone at 1.4499 to 1.4435."