Double Top

From Reuters Financial Glossary

Synonym: Double Bottom

A double top is a term, used in technical analysis, to describe a reversal pattern that occurs in a rising market. A typical top has two prominent peaks at about the same level. A double bottom is a reversal pattern that occurs in a falling market. It typically has two troughs at about the same level.

See also: Analysis

Retrieved from "http://glossary.reuters.com/index.php/Double_Top"
Views
Personal tools