Register
WHAT IS PIVOT POINT ?
209k views
2 votes
WHAT IS PIVOT POINT ?

User Ashlei
by
4.8k points

2 Answers

5 votes

In financial markets, a pivot point is a price level that is used by traders as a possible indicator of market movement. A pivot point is calculated as an average of significant prices from the performance of a market in the prior trading period.

User Daniel Morris
by
5.1k points
7 votes
Pivots Points are price levels chartists can use to determine intraday support and resistance levels
User Banketeshvar Narayan
by
5.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.7m questions

7.4m answers

Other Questions

How does the capacitance of a parallel plate capacitor change with the geometry of the capacitor?
Explaining Wave Speed through Different Media Explain why the speed of light is lower than 3.0 × 108 m/s as it goes through different media.
Indy runs 2 kilometers every morning. She takes 2 minutes for the first 250 meters, 4 minutes for the next 1,000 meters, 1 minute for the next 350 meters, and 3 minutes for the rest. Cindy’s average speed
Explain why the roller coaster’s potential energy is greater at point 1 than at point 4.
the force is found by multiplying the mass of an object by velocity at which it travels. true or false
Link Copied!