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Base
(redirected from narrow base)

    Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia 0.01 sec.
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.
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Unlike governments in other Muslim countries like Egypt and Turkey, Pakistan's government - particularly its military - has encouraged political and radical Islam, which otherwise has a relatively narrow base of support," it says.
Did Haqqani father 'iron-clad' Kerry Lugar conditions ? by Asian News International
Odey believes that the bull market will grow from its narrow base to extend into other industries.
Stock rally could be new bull market: Odey by International Business Times - US ed.
Finally, I commented that people see MPs as being drawn from an increasingly narrow base of "professional politicians or representatives" rather than better representing the population at large.
Letter: YOUR SHOUT - Claims of union attack are not true by Evening Chronicle (Newcastle, England)
 
 
 
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