Neckline

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Neckline

The market level equal to a line connecting the two interim declines in a head and shoulders pattern.

Neckline

In technical analysis, a line, sometimes with zero-slope and sometimes with slight slope, representing a buy point on a head and shoulders pattern. In a chart showing a head and shoulders pattern, the "head" and "shoulders" fall toward a certain near-horizontal line before rising again; this is the neckline. When technical analysts see a security falling toward the neckline, they view this as a buy signal because historical patterns have shown that the security's price will rise soon thereafter. However, if the security falls significantly below the neckline, technical analysts see this as a reversal of a previous trend.

neckline

The line that connects the two lowest points on the intermediate declines of a head-and-shoulders chart pattern. In an inverted head-and-shoulders formation, the neckline connects the two intermediate tops. If the second shoulder breaks through the neckline, it is an indication of a major price movement in the direction of the breakout.
References in periodicals archive ?
Plunging neck lines, asymmetric tops combined with skirts or skinny-leg trouser suits create a dynamic combination of tough masculinity with seductive femininity.
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Cosmetic use: * Crows' feet * Bunny lines * Gummy smile * Peau D'Orange chin * Perioral lines * Downwarded lip lines * Nasal Flare * Horizontal and Vertical Neck Lines Therapeutic use: * Crossed eyes * Migraine Headache * Lower Back Pain * Epilepsy * Constipation * Tennis Elbow * Fibromyalgia * Parkinson's Disease * Tourette's Syndrome * Multiple Sclerosis * Vulvodynia * Spasticity due to spinal stenosis * Writer's cramps * Spasmodic Dysphonia (makes voice crack and quiver) * More than 50 different trials are ongoing in the USA, including treatment of overactive bladder, and stroke spasticity
Neck lines are slashed and funnel-shaped and colours are duck-egg, clover and butter, while sandstone, rust and shale are also available in chunky knits.
The modest outfits were given a touch of sex appeal with slashed skirts and plunging neck lines.