StocksContrarian Investment Dealer Special Terms Market Cap Exchangeable Security Issue
Flying Plateau
A flying plateau is a significant formation that occurs in the stock market when a stock experiences a sharp upward movement. Instead of immediately selling off, strong stocks will often take a break and form a sideways pattern within a narrow range. This pattern, known as a flying plateau, is considered to be very bullish, especially when formed on low trading volume. Visualize a 45-degree incline followed by a period of consolidation before resuming its upward trend. This rest period allows strong stocks to gather momentum before continuing their ascent.
Related terms
Understand the meaning and definition of Contrarian in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Investment Dealer in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Special Terms in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Market Cap in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Exchangeable Security in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Issue in the context of stock market, trading, and investments.
MORE
Explore other categories
10 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments
Get the link to download the App
