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Basing

   Also found in: Dictionary/thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia, Hutchinson 0.04 sec.
Basing
A period in which a stock price has very little or no trend. The resulting price pattern is a flat line.



Notes:
Basing is a common occurrence after a stock or the market has been in lengthy decline or has increased by a large amount. In other words the market is taking breather.


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