Base

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Base

A technical analysis tool. A chart pattern depicting the period when the supply and demand of a certain stock are in relative equilibrium, resulting in a narrow trading range. The merging of the support level and resistance level.

Base

In technical analysis, a situation in which the support level and the resistance level are roughly the same for a given (usually long) period of time. That is, a base occurs when a security trades only in a very narrow range. A base indicates that the supply and demand for a security are at an equilibrium. This means that the security is unlikely to be bullish or bearish in the near future.
References in periodicals archive ?
He has held a number of mission support roles, including leading 4,000 personnel as the commander of the 18th Mission Support Group at Kardena Air Base in Okinawa, Japan.
According to air base officials and witnesses, the aircraft began leaking fuel at around 4:50 p.
In regards with the plans of the Russian Air Force in Belarus, Bondarev said, We have never planned to deploy an air base in Lida.
Describing Incirlik Air Base as one of the military facilities in Europe, in which at least 1800 U.
Air Base Property Corporation (ABPC) has purchased 26 acres of city land at the Birch's Road Industrial Park and is twinning with the Mayor's Office of Economic Development to jointly market the east end property.
Summary: At least eight Hezbollah fighters were killed backing Syrian government forces Tuesday who broke the ISIS' siege on a military air base in the northern province of Aleppo, a security source told The Daily Star.
INSURGENTS have captured an army air base in north-west Syria after a two-year siege, according to state television.
WASHINGTON, Sept 3 (KUNA) -- The US on Thursday issued a travel warning for Incirlik air base as well as Adana, Turkey, where the American consulate is located.
WASHINGTON (CyHAN)- The Pentagon shared some videos which show takeoff the F-16 jets from Turkey's yncirlik Air Base to fight against the Islamic State of Iraq and the Levant (ISIL).
A Daesh-affiliated group has taken control of an air base in Libya's central city of Sirte, a Libyan militia spokesman told AP.
The occasion was attended by Air Commodore Ahmed bin Said al-Balushi, Commander of Salalah Air Base, Commander of Thumrait Air Base, a number of senior officers, commissioned and non-commissioned officers and personnel at the two air bases.
Contract award: rental of laundry equipment for the benefit of public administrative institution (epa) air base 721 rochefort and the air base 709 cognac (department 16 and 17), and associated maintenance.