Refers to an equities trader entering into a stock position in anticipation of a future price movement or transaction signal. Yet, in this case, the movement or signal does not develop and the asset typically moves in the opposite direction. Generally used in technical analysis.
Related information about fakeout:
- Fakeout Definition | Investopedia
A term used in technical analysis to refer to a situation in which a trader enters into a position in anticipation of a future transaction signal or price movement, but ...
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