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Wiggle room

The dollar or percentage allowance for a trade to work before a stop loss is triggered.

Weighted average

A moving average that uses a selected time span, but gives greater weight to the more recent price data.


A selloff with high volume.


Price action that is volatile, moves rapidly up and down.


A triangle formation where price is bouncing inside converging trend lines.

Williams %R

A momentum indicator much like the Stochastic Oscillator and is especially popular for measuring overbought and oversold levels.