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ascending tops |
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Ascending tops A chart pattern that depicts that each peak in a security's price over a period of time is higher than the preceding peak. Antithesis of descending tops.
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Remember, bull markets are global affairs and, at last glance, the DJ World Stock Market Index was in a highly bullish mode, having held above key support last August and, in the interim, has traced out a continuation pattern of ascending tops and bottoms. |
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