If the option buyer thinks the price may rise. The rise may be in general market or that of any stock chosen. The trader with this view can be called bullish". A market trending higher is often called "bullish" or a "bull market"[click to read more]"
It's the common phenomenon in stock market or security's price movement, when the price goes nowhere and stays in between upper resistance and lower support levels, because of profit taking by investors after a large trending move.[click to read more]
A small fall in prices, generally of 3 to 5 days following a big trending move in bull market due to profit taking by traders. The trend needs to continue upward to constitute a pull back. Otherwise, this price action would be considered a top.[click to read more]