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 ?
Rich Carrot masque rejuvenates the face, neck, neckline and the eye area.
Cut the uniform shirt in half, from the neckline to the bottom.
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It's wrapped up in the middle of an array of support and resistance lines, and is lying virtually on the neckline that Oliensis has been discussing now since the beginning of the year.
The USDJPY has broken beneath its 2+ month head and shoulders neckline.
For the bust, use an inward circular motion around each breast, moving from the outside toward the centre and for the neckline use an extended, upward stroke.
Newly single star Uma Thurman (she and hubby Ethan Hawke have separated after five years and two kids) looked ravishing on the red carpet in a shimmery white backless Luisa Beccaria mini dress, while her co-star Daryl Hannah matched her in a tiny Christian Dior red ruffly mini with a seriously plunging neckline.
To become familiar with clippers or scissors, start by trimming the hair around the ears and at the neckline.
Cherry Jones, nominated for Best Actress in a Play for "A Moon for the Misbegotten," will wear a black silk satin full-length column gown with jewel neckline.
The projected downside once the neckline is broken should be equal to the amount from the neckline to the head.
2 -- color) Susan Sarandon didn't shy away from red as she paraded in a gown with a plunging neckline.