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 classic literature ?
On George's intercourse with Amelia he put an instant veto--menacing the youth with maledictions if he broke his commands, and vilipending the poor innocent girl as the basest and most artful of vixens.
Now, my dear Mrs Veneering,' quoth Lady Tippins, I appeal to you whether this is not the basest conduct ever known in this world?
Your excellency,' I said, 'protect the orphans, for you knew my late husband, Semyon Zaharovitch, and on the very day of his death the basest of scoundrels slandered his only daughter.
Abu Ghraib illustrates our government's ability to emancipate the basest impulses of its agents, as well as its singular gift for creating foreign enemies.
As the trappings changed around them, people would either reach for nobility or retreat into their basest instincts.
They can be as healthy as you like, with some pesto, chicken, salad or tuna, or as greasily indulgent as one's basest desires allow, dripping with bacon, eggs, meatballs or six types of cheese.
He is a creepy, shameless, bandwagon-hopping opportunist who thinks nothing of picking on society's most vulnerable people, and appealing to society's basest instincts, to gain votes.
Who wouldn't rush to the polls to cast a ballot against a man who was ``the basest, meanest scoundrel that ever disgraced the image of God,'' which is how Andrew Jackson described Henry Clay?
And it will be politics in its basest form, as spokesmen, spinners and 'friends' of BBC top brass, Defence Secretary Geoff Hoon and Tony Blair do the rounds, interpreting the report's meanings and explaining that, if you read it carefully, you'll see that it clears their man, exonerates them completely, and lays all the blame on someone else.
And almost every taboo about sex, that most basic and basest of human instincts, now seems to have been broken.
Only by appealing to our basest instincts can the moneymen raise the obscene amounts of cash that wash around in this cesspool of a sport.
The use of torture releases the basest of human instincts.