Overview

double top


Show Summary Details

Quick Reference

In technical analysis, a pattern of fluctuation in the price of a security, seen on a chartist's graph, in which a rise is followed by a fall, then a second rise to the same level. This pattern is thought to indicate that the security is meeting resistance to a move to a higher level. Compare double bottom. See also ascending tops; resistance level.

Subjects: Financial Institutions and Services.


Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.