FT MarketWatch

W formation

A technical Analysis term used to describe a Chart on which the price of a security has made two approximately equal bottoms over a period of time. Technical analysts try to Buy at one of the bottoms in Anticipation of a rise (which would make the shape of a "W" on the chart). also called Double bottom. opposite of Double top.

Related Terms: 16 Analyst, Anticipation, Analysis, Buy, Bottom, Call, Chart, Double bottom, Double top, ECU, PPO, SEC, Term, Technical analysis, Technical analyst, Top
Other Related Pages: Category: Technical_Analysis Starting With: W
Additional Related Terms: 10-Q, 10-K, Average collection period, Accrual of discount, Agency security, Amortization of premium, Anticipation note, Asked price, Asking price, Asset-backed security