Fakeout
A term used in technical analysis to refer to a situation in which a trader enters into a position in anticipation of a future transaction signal or price movement, but the signal or movement never develops and the asset moves in the opposite direction.

Investopedia Says:
The possibility for fakeouts is the reason why traders should use more than one indicator to make decisions. To reduce the probability of being faked out, experienced traders will require four or more signals to confirm a decision.

Related Terms:
Bear Trap
Bull Trap
Indicator
Moving Average Convergence Divergence - MACD
Reversal
Stop Order
Technical Analysis

• P To P (Peer To Peer) or (Path To Profitability)
• Public
• Public Book (Of Orders)
• Public Company
• Public Company Accounting Oversight Board (PCAOB)
• Public Company Accounting Oversight Board (PCAOB)
• Public Elevator
• Public Income Notes (PINES)
• Public Income Notes (PINES)
• Publicly Traded Partnership
• Public Offering
• Public Offering Price (POP)
• Public Offering Price (POP)
• Public Sector Net Borrowing
• Public Securities Association Standard Prepayment Model (PSA)
• Public Securities Association Standard Prepayment Model (PSA)
• Public Unit Account
• Puke
• Pullback
• Pump And Dump
• Punter
• Purchase Acquisition
• Purchase and Resale Agreements (PRAs)
• Purchase and Resale Agreements (PRAs)
• Purchase And Sale Statement (P&S)