Business, Legal & Accounting Glossary
Chart that shows the price of a stock at its high point before it will begin a downward trend. Making a saucer shape, the trend upward slowly stops and moves horizontally before falling. The downtrend typically loses 50% of the uptrend value. Also called rounded top. Opposite of saucer.
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This glossary post was last updated: 20th November, 2021 | 0 Views.