Technicals

Broadening Top

A reversal pattern in finance, known as a "head and shoulders" pattern, is characterized by a series of at least three higher highs, followed by a series of lower lows. It typically follows a significant price increase and is confirmed by a third breakdown, often resulting in a much lower low. This pattern can be a useful indicator for investors to anticipate a potential shift in market direction.

Related terms

Secular Trend

Understand the meaning and definition of Secular Trend in the context of stock market, trading, and investments.

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Support Level

Understand the meaning and definition of Support Level in the context of stock market, trading, and investments.

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Chaikin oscillator

Understand the meaning and definition of Chaikin oscillator in the context of stock market, trading, and investments.

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DMA

Understand the meaning and definition of DMA in the context of stock market, trading, and investments.

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Change

Understand the meaning and definition of Change in the context of stock market, trading, and investments.

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