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Investor
Posted On: 03/24/2013 12:42:51 AM
Post# of 351
Posted By: Investor

Confirmation Date - The date on which it was confirmed that an event had occurred.This term is most often used in reference to classic patterns. The confirmation date for a classic pattern is usually the date when the price breaks through a specific price level. For example, a Head and Shoulders Top pattern is confirmed on the date that the price breaks down through the pattern's neckline.


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