technical rally

technical rally definition - business

technical rally

A temporary rise in a security price or in the general market during a downward trend. Technical rallies are considered interruptions to a general trend. Compare technical correction.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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