The double top looks like the letter "M". The twice touched high is considered a resistance level.
Investment dictionary. Academic. 2012.
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Double top — may refer to: Double top technical chart pattern. Double top score in darts. This disambiguation page lists articles associated with the same title. If an internal link led you here, you may wish to change t … Wikipedia
double top — noun : a market rise on the stock exchange characterized by two successive high points and regarded by chart readers as a prelude to a decline compare double bottom * * * double top noun (darts) A score of double twenty • • • Main Entry: ↑double… … Useful english dictionary
double top — A term used in technical analysis to refer to the rise of a stock s price, a drop, and then a rise back to the same level as the original rise. Bloomberg Financial Dictionary double top, bottom A bar chart formation that signals a possible price… … Financial and business terms
double top — noun Darts a score of double twenty … English new terms dictionary
double top — In chartist analysis, a pattern of fluctuation in the price of a security, 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… … Big dictionary of business and management
DOUBLE TOP — Кривая цены повторила форму буквы М, в которой цена поднялась дважды и остановилась на (или возле) таких же верхах … Малая энциклопедия трейдера: глоссарий к книге
Double top and double bottom — are reversal chart patterns observed in the technical analysis of financial trading markets of stocks, commodities, currencies, and other assets. Double top Double top confirmation The double top is a frequent price formation at the end of a bull … Wikipedia
Double Top And Bottom — Chart patterns in which the quote for the underlying investment moves in a similar pattern to the letter W (double bottom) or M (double top). Double top and bottom analysis is used in technical analysis to explain movements in a security or other … Investment dictionary
Double Top/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… … Financial and business terms
Double Top Mountain — New York, but Doubletop Peak, Wyoming … Bryson’s dictionary for writers and editors