dome

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Dome

In technical analysis, a price trend indicated on a chart by a gradual rise to a high, followed by a gradual decline. Traders seek to sell at the top point of the dome. Generally speaking, the sell signal is reached when trading is characterized by low volume and flat prices. This is seen as a shift from bull market to a bear market, albeit a slow one. It is also called an inverted saucer. See also: Saucer.

dome

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dome
In technical analysis, a chart formation indicating a market top and characterized by an upside-down U-shaped pattern. A dome is an example of a reversal pattern. Also called inverted saucer, rounded top.
References in periodicals archive ?
Cerro Amarillo, a domal feature approximately six kilometers across, and Cerro Bola, which is truncated by a major north-south trending normal fault, rise above this surface.
Initial geophysical interpretation indicates there is a wedge of higher porosity formation overlying the domal feature targeted by this well.
We are extremely excited by the discovery of these domal structures and associated radioactivity as they further support Northwestern's confidence in the uranium potential of our Niger properties," said Marek J.
Other offshore gas discoveries in the Qatari waters, like Umm Al Irshan and Matbakh which were once thought to be separate, were proven to be part of the same domal structure.