#MarketPullback
A pullback is a brief decline or pause in a generally upward price trend of a stock or other asset. Investors who are confident that the pullback will be brief use it as a buying opportunity. A pullback can occur for many reasons, some of which are unrelated to the fundamentals of the stock.
Technical analysts, who track the price movements of stocks to establish trends, identify the "support level," or lowest price that a stock is likely to reach before buyers step back in.