Saucer


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Saucer

Technical chart pattern depicting a security whose price has reached bottom and is moving up.

Saucer

In technical analysis, an indicator that a downtrend is reversing itself. It is marked by a gradual decline in a security's price, followed by a bottom, and finally by a gradual increase. It is important to note that the bottom has low trading volume. The term comes from the fact that, when charted, a saucer trend looks like a small bowl. It is also called a rounded bottom.

saucer

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saucer
In technical analysis, a U-shaped chart pattern that indicates a market bottom for the security or market index being graphed. Also called rounded bottom. See also reversal pattern.
References in classic literature ?
Well, a cheetah is just a big cat, and yet a saucer of milk does not go very far in satisfying its wants, I daresay.
If I could only empty my saucer and go to sleep, I shouldn't be thinking of the number of people in this world, like myself, who would be better out of it than in it.
Of course they found the master's house locked up, and all the servants away in the close--about this time, no doubt, footing it away on the grass, with extreme delight to themselves, and in utter oblivion of the unfortunate bachelor their master, whose one enjoyment in the shape of meals was his "dish of tea" (as our grandmothers called it) in the evening; and the phrase was apt in his case, for he always poured his out into the saucer before drinking.
Sedley that a muffin and a quantity of orange marmalade spread out in a little cut-glass saucer would be peculiarly agreeable refreshments to Amelia in her most interesting situation.
As if too hot for her lips, she filled her saucer with the greasy-looking, nondescript fluid, and continued her set glare, her breast rising and falling with staccato, mechanical movement.
But, the little shop is so excessively dark, is stuck so full of black shelves and brackets and nooks and corners, that he sees Mr Venus's cup and saucer only because it is close under the candle, and does not see from what mysterious recess Mr Venus produces another for himself until it is under his nose.
And what sort of lively lads with the pencil those Chinese are, many queer cups and saucers inform us.
She saw the door open into the other room; saw the supper-table, with its snowy cloth; heard the dreamy murmur of the singing tea-kettle; saw Ruth tripping backward and forward, with plates of cake and saucers of preserves, and ever and anon stopping to put a cake into Harry's hand, or pat his head, or twine his long curls round her snowy fingers.
Early as it was, on the windy March morning, the room in which he lay abed was already scrubbed throughout; and between the cups and saucers arranged for breakfast, and the lumbering deal table, a very clean white cloth was spread.
A teaboard, cups and saucers, plates, knives and forks (including carvers), spoons (various), saltcellars, a meek little muffin confined with the utmost precaution under a strong iron cover, Moses in the bullrushes typified by a soft bit of butter in a quantity of parsley, a pale loaf with a powdered head, two proof impressions of the bars of the kitchen fire-place on triangular bits of bread, and ultimately a fat family urn: which the waiter staggered in with, expressing in his countenance burden and suffering.
If you go into the first room, you will see a great chest in the middle of the floor with a dog sitting upon it; he has eyes as large as saucers, but you needn't trouble about him.
Notwithstanding the size of the tables, there was scarcely a spot where the rich damask could be seen, so crowded were the dishes, with their associated bottles, plates, and saucers.