Glossary - K

Glossary - K

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Key Reversal DayA one day chart pattern where prices sharply reverse during a trend. In an uptrend, prices open in new highs and then close below the previous day's closing price. In a downtrend, prices open lower and then close higher. The wider the price range on the key reversal day and the heavier the volume, the greater the odds that a reversal is taking place.