to retest
- verb
- /ˌriːˈtɛst/
- Jargon
- The strongish move up and subsequent retest and failure of the open suggest the higher open was valid, and so there is a chance the highs will be retested at some point.
Examples
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The market then drifted lower to retest the 51.50 level, which did not hold, as the test of the opening price was then more important.
Blog text (30) -
Analysts predict that the market will retest its recent low after the news breaks.
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Should I retest after a period of time to see if levels go up?
Blog text (32) -
Why buy stocks now if they are likely to bounce around and retest lows before they go much higher?
Blog text (6) -
The stock price will retest the previous support level next week to see if it holds.
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After the initial drop, it is common for stocks to retest the resistance level before making a further move.
Synonyms
To return to an idea or topic to think about it again
Surface Forms
Morphology
Etymology
The verb retest comes from re- 'again' and test 'check'. So to retest in markets is to come back to a level that was broken and 'check' whether it still holds.