Saucer (redirected from has eyes like saucers)

Saucer

Technical chart pattern depicting a security whose price has reached bottom and is moving up.

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saucer In technical analysis, a U-shaped chart pattern that indicates a market bottom for the security or market index being graphed. Also called rounded bottom. See also reversal pattern.

saucer

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Saucer

In technical analysis, an indicator that a downtrend is reversing itself. It is marked by a gradual decline in a security's price, followed by a bottom, and finally by a gradual increase. It is important to note that the bottom has low trading volume. The term comes from the fact that, when charted, a saucer trend looks like a small bowl. It is also called a rounded bottom.