A practice among professional traders of pushing the price of a stock up (or down) through a resistance (or support) level where they believe investors have placed stop orders. When the stop orders are hit, they Trigger market orders and/or limit orders, which cause a spike (or drop) in the price at which point the professionals reverse their positions and ride the stock in the opposite direction. See stop out.
Browse by Subjects
See All Related Terms »
Student Loan Marketing Association (Sallie Mae)
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):