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Sunday, 02/01/2015 5:11:18 AM

Sunday, February 01, 2015 5:11:18 AM

Post# of 2804248

Confirmation: A subsequent signal that validates a position stance. Traders and investors sometimes look for more than one signal or require validation before acting. For example: confirmation of a trend change may entail an advance past the previous reaction high. For an indicator such as MACD, confirmation of a divergence may be a subsequent moving average crossover.

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