| technical analysis |
The practice of predicting price changes of a security
or group of securities by analyzing prior changes and
looking for patterns and relationships in graphs of
price history.
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| trending market |
Price moves in a single direction and it usually closes
on an extreme for the day.
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| trendline |
A trendline is a straight line drawn on a chart through
or across the significant limits of any price range
to define the trend of market movement. (See
more information about Trendlines).
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| triple bottom |
The triple bottom is
a chart pattern that is composed of three sharp lows,
all at about the same price level. Prices fall to a support
level, rise, fall to that support level again, rise, and
finally fall, returning to the support level for a third
time before beginning an upward climb. In the classic
triple bottom, the upward movement in the price marks
the beginning of an uptrend. (See
more information about the Triple Bottom Pattern). |
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| triple top |
The triple top is a
chart pattern that is comprised of three sharp peaks,
all at the same level. The pattern is also called a "W"
pattern because of the formation it traces on the chart.
A triple top occurs when prices are in an uptrend. Prices
rise to a resistance level, retreat, return to the resistance
level again, retreat, and finally, return to that resistance
level for a third time before declining. In a classic
triple top, the decline following the third peak marks
the beginning of a downtrend. (See
more information on the Triple Top Pattern). |
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| TSE |
Toronto Stock Exchange |
