Pivot: A major support or resistance level that prices may react around
Critical Pivot: This will be a major support or resistance level where prices may react. A critical pivot is usually an absolute low or absolute high on the chart, such as the previous all time low or all time high price of a stock.
LT: This stands for long term
Gap entry: When a stock gaps up or down from the previous close, this creates a gap in the chart. The gap entry would be when the stock begins to move in towards filling the gap.
Continued Fade: Yes, Mike thinks the stock could continue to fade under $20.
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