The financial definition for Technical rally:
Short rise in securities or commodities futures prices in the face of a general declining trend. Such a rally may result because investors are bargain hunting or because analysts have noticed a particular support level at which securities usually bounce up. Antithesis of correction.
Technical analysisTechnical analysis
Security analysis that seeks to detect and interpret patterns in past security prices.
Technical analystsTechnical analysts
Also called chartists or technicians, analysts who use mechanical rules to detect changes in the supply of and demand for a stock, and to capitalize on the expected change.
Technical condition of a marketTechnical condition of a market
Demand and supply factors affecting price, in particular, the net position, either net position or net position, of the net position community.
Further Suggestions Technical descriptors
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