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Triangle

In technical analysis, a series of high and low prices for a security that, when plotted on a chart, looks vaguely like a triangle. A triangle indicates that investors do not know whether a bull market or a bear market will prevail. If the triangle breaks upward, it is a bullish sign, but if it breaks downward, it is a bearish sign. A triangle is also called a wedge. See also: Ascending sign, Descending sign.

triangle

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triangle
In technical analysis, a chart pattern indicating the convergence in the movement of successive high and low prices and characterized by a formation that resembles a triangle turned on its side. A triangle indicates a period of combat between bulls and bears with the technical analyst having to determine the winner. If prices break out of the triangle on the upside, it is a bullish sign. A breakout on the downside indicates the bears are winners. The closer the breakout occurs to the point of the triangle, the less conclusive the signal to buy or sell. Also called coil, flag, pennant, wedge. See also ascending triangle, descending triangle.
References in periodicals archive ?
A relict population of the snake Lampropeltis triangulum occurs in the upper tip of Marquette County, far from any other records in Michigan or Wisconsin.
Regard the triangle in a brand-new way from now on, and take special note of the constellation Triangulum Australe which shows off this well-known geometric shape in a very special way.
After a review of the technologies employed and patents held by Biomoda, Triangulum is prepared to commit significant resources to enable Biomoda to efficiently and cost-effectively complete the regulatory steps and bring Biomoda's critically needed products to market quickly.
responded to investor confusion over a December 5 news release issued by Triangulum Corporation of Calgary, Alberta stating that Triangulum "has completed its acquisition of Mobile Data Solutions of Oakville, Maryland".
The new energy center is a supply within the EU project Triangulum, subject
Deep-sky objects Designation Object type and constellation NGC 246 planetary nebula in Cetus NGC 247 galaxy in Cetus Triangulum Galaxy galaxy in Triangulum gamma Arietis double star in Aries Messier 77 galaxy in Cetus NGC 1097 galaxy in Fornax Fornax A, N.
London, May 9 ( ANI ): Astronomers have discovered a never-before-seen cluster of hydrogen clouds strewn between two nearby galaxies, Andromeda (M31) and Triangulum (M33).
That is why Hua-bai Li and Thomas Henning from the Max Planck Institute for Astronomy chose a different target: the Triangulum galaxy, 3 million light-years from Earth and also known as M 33, which is oriented in just the right way (cf.
triangulum are more common in the Central Basin of middle Tennessee just to the north of the study area (personal observation).
Although harmless, the colorful scarlet kingsnake (Lampropeltis triangulum elapsoides) closely resembles the venomous eastern coral snake, whose snout is black rather than red.
Habitat Selection in the Eastern Milk Snake, Lampropeltis triangulum triangulum.
com, HAHT Software, Lucent, Netegrity, NetPro, NetObjects, NetVision, Network Associates, Oblix, Orbital Software, Process Software, Proginet, Protek, Protocom Development Systems, Red Hat, The Open Group, Triangulum Software, Inc.