👉Maximum end minimum...
In the financial market, the term "maximum" refers to the highest price reached by an asset in a given period of time. For example, if the price of a stock reached a maximum of $100 in a given month, this means that it was the highest price the stock reached during that month.
On the other hand, the term "minimum" refers to the lowest price reached by an asset in a given period of time. For example, if the price of a stock reached a minimum of $50 in a given month, this means that it was the lowest price the stock reached during that month.
These concepts of maximum and minimum are important for investors, as they can help understand how an asset's price is behaving and make informed investment decisions. For example, if an asset has been in an uptrend but recently reached a maximum, this may indicate that the price may start to fall soon. Similarly, if an asset has been in a downtrend but recently reached a minimum, this may indicate that the price may start to rise soon.👇
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