triple top

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Triple Top

In technical analysis, a situation in which a security peaks at roughly the same price three times in a relatively short period. That is, the price peaks and then drops back down, which is then repeated twice. Technical analysts consider a triple top a bullish signal if the price continues to rise following the third peak. However, if the price drops significantly after the third peak, it is seen as a bearish indicator.

triple top

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triple top
In technical analysis, a chart pattern that indicates that a stock or a market index has attempted to penetrate an upper price level on three different occasions. If the stock price or index actually breaks through on the upside during the third attempt, it is a bullish signal. If the stock price or index fails on the third attempt and pulls back, it is a bearish signal. Compare triple bottom.
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From the 864m peak you can see Suilven (731m), the Viking's Pillar Mountain; ragged Conival (987m) and Ben More Assynt (998m), Sutherland's highest mountain; the triple tops of Quinag (713m) towering over Loch Assynt; little Stac Pollaidh (612m), Cul Beag (769m) and Cul Mor (849m) in the Inverpolly Nature Reserve.
When these pegs are fi just hook more items over the to Triple tops Dart Coat Hooks - pounds 20 for the set from www.
Triple tops or bottoms and the head and shoulders reversal pattern are interpreted in similar fashion and mean essentially the same thing.