Dip
a.k.a. Pullback
A short-lived drop in price, usually within a broader rise.
In plain English
A short-lived drop in price, usually within a broader rise.
A dip is a stumble, not a fall: price slips for a bit before carrying on. In an uptrend, dips are where many traders look to buy.
The hard part is telling a dip from the start of a real decline. See BTFD.
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