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Thursday, March 23, 2006 9:04:59 PM
for instance,
resistance is technical terminology in trading and is the opposite of support... if resistance breaks to the upside, it usually becomes support and vice versa...
rtq is an abbreviation for "real-time quote," it's the current trading price of the company stock in real time...
when folks say MM or MM's, it is an abbreviation for market maker(s)... market makers control the bid & ask you see of this stock and any other, when you place an order, either buy or sell, it is usually routed to a market maker... who than fills the shares for you in your account...
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