Top (technical analysis)
This article does not cite any sources. (December 2006) (Learn how and when to remove this template message)
The first high signifies the pressure from buying was greater than the pressure from selling. The second higher high suggests that buying still had more pressure than the selling. The third lower high suggests that selling pressure will not let prices rise as high as the previous high. This turning point from buying pressure to selling pressure is called a top.
|This article about stock exchanges is a stub. You can help Wikipedia by expanding it.|