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Trendline

Technical Analysis formation created by drawing a line connecting a Series of Descending tops, descending Bottom, Ascending tops or Ascending bottoms. Some technical analysts look for prices breaking through trendlines on the belief that those stocks have broken through a Resistance level and are headed in a new direction.

Related Terms: 14 Analyst, Analysis, Ascending bottoms, Ascending tops, Bottom, Break, Descending bottoms, Descending tops, Resistance, Series, Trend, Technical analyst, Top, Trendline
Other Related Pages: Category: Technical_Analysis Starting With: T
Semi Related Terms: 552 CLICK HERE TO VIEW
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