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.
Ascending Tops
In technical analysis, a series of peaks in price in which each peak is higher than the last. That is, a price may peak, then dip back down, then go to a higher peak, and so forth. Technical analysts often consider this a strong buy signal.
| ascending tops In technical analysis, a chart pattern indicating the up and down movement of a security's price and characterized by progressively higher peaks on each upturn. This pattern is considered bullish. Compare descending tops. |   |
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