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Hammer
(redirected from coming under the hammer)

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Hammer
In candlestick charts, the representation of a trading day where a security trades significantly below its opening price for most of the day, but closes either above or close to the opening price. It is called a hammer because the candlestick representing the trading day looks somewhat like a hammer. It is not necessarily a bullish indicator, but a hammer may mean that the market is nearing a bottom.
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The 1955 Thunderbird could be sold for pounds 30,000, but some of the models coming under the hammer in London could fetch as much as pounds 3.
BRITAIN Briefing by Liverpool Echo (Liverpool, England)
Other Degas works coming under the hammer include "Le Ballet" (1885)," "Femme se coiffant," and two sculptures, "Le Tub" et "Etude nu pour la danseuse habillée.
Degas collection goes under hammer at Sotheby's by AFP / AFP Global Edition
He was one of the last yearlings by Danzig to set foot in a sales ring when coming under the hammer at Keeneland Sales in Kentucky in September of last year and sparked off a bidding war between John Magnier and Sheikh Mohammed.
Expensive purchase Plavius takes first step for Godolphin; 5.10 ... by The Racing Post (London, England)
 
 
 
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