Double top


 

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Double top

A reversal pattern in technical analysis.Technically, it is an advance to one price level, followed by a small decline which represents the valley between the tops, followed by a rally to roughly the same level as the first top, followed by a clear downtrend.On a chart a double top looks like the letter 'M'.



Similar Matches

Double taxation

Double taxation

Taxation of corporate earnings and subsequently taxation of dividends.


Double bottom

Double bottom

A reversal pattern in technical analysis.Technically, it is an decline to one price level, followed by a small rally which represents the cleft between the bottoms, followed by a decline to roughly the same level as the first bottom, followed by a clear uptrend.On a chart a double top looks like the letter 'W'.


Double declining balance depreciation

Double declining balance depreciation

Method of accelerated depreciation.


Double barreled

Double barreled

Describes backing of the principal and interest of a smaller municipal revenue bond the large municipal entity.


Double up

Double up

A stock buying strategy that doubles the risk when the price moves in the opposite direction from the direction the investor hoped for. For example, an investor with confidence in ABC buys 1000 shares at $100 and another 1000 shares when the price declines to $90.


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