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Blow-Off Top |
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Blow-Off Top A steep and rapid increase in price followed by a steep and rapid drop in price.
![]() Here is an example of a blow-off top, a steep rise followed by a steep fall. Notes: The rapid increase can be a result of either actual news or simply a wild rumor. Blow-off top |
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So far, we have no indication of a long-term blow-off top, with a major correction beneficial to U. |
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