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 ?
With slightly more than 1 percent coverage, astronomers have already spotted many domelike features that might be evidence for ice volcanoes.
Overall it creates a domelike structure, with the lattice arcing from the roofs of the surrounding buildings to the base of the roof of the round Reading Room, crowned by the latter's historic green copper dome with central skylight.
The initial remains that Dawson discovered comprised human-looking calvaria--the upper domelike portion of a skull--and the broken right half of an apelike mandible.
One dish, Giraud's melt-in-the-mouth rendition of veal daube, which at its plainest could be called a veal stew, but here tastes more like veal heaven, even had a silver domelike cover on it that was a larger version of the top of the butter holder.
On its domelike roof, like an Eastern icon, is an amazing painting.
In-depth studies of inselbergs and bornhardts ("bare surfaces, domelike summits, precipitous sides becoming steeper toward the base," according to Willis [1936]) were carried out by several geomorphologists (Willis, 1934, 1936; Twidale & Bourne, 1974; Thomas, 1978; Ollier, 1978).
The round, domelike structures are small volcanoes composed sometimes of hummocks and sometimes of smooth flows.
NASA scientists said that photographs of domelike formations indicated that the moon formerly had volcanic activity.