Pattern

Categories: Metrics

Stocks show trading patterns. Armies of traders study them. If the pattern shows the time is ripe to buy or sell or hedge or whatever, then the armies usually do that. The pattern is King...or at least Queen, in a bunch of screens around the world.

See: Head and Shoulders. See: Triple Bottom. See: Triple Top.

Related or Semi-related Video

Finance: What are Triple Bottom and Trip...2 Views

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Finance allah shmoop what are triple bottom and triple tops

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All right well this is a triple top It wants

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to break out The stock was trading down here around

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five bucks a share in and glam o it went

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up And yes blam o is the name of the

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company's new anti constipation drug a huge hit So it

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went up up up to hear it Fifteen bucks tripled

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in value in just a few months but then sober

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reality began to hit the investing community There simply wasn't

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enough constipation to go around So the stock began to

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flag and traded down teo here this level at twelve

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bucks But then glam o again released big news a

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partnership with manish of its grandma tsa and the american

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cheese manufacturing association So the stock raced again to fifteen

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But no there just wasn't enough enthusiasm from buyers pay

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more than fifteen bucks a share for it So you

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know that's all despite this newly created a kind of

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market So the stock sank back to twelve only to

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then have investment interest from procter and gamble owners of

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sharman who bought five percent of the company at thirteen

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fifty ish year and left a lot of investors thinking

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surveyed by the whole company complete with its product line

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of anti constipation drinks Waymo glam Oh thankyou memo But

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alas the investment community would not pay up past fifteen

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to share and the stock flagged again sinking back to

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twelve having created a triple top and needing something to

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make things really start you know going So yeah that's

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a triple top What about a triple bottom Well a

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triple bottom and basically just the same thing in reverse

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like this keeps hitting a low point looking like it's

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going tio bottom out further But then it recovers on

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the subject of bottoming out well glam o is now

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available in new chewable gummy form Yeah glam o so

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you never have to worry when your bottoms out

Find other enlightening terms in Shmoop Finance Genius Bar(f)