Neckline

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Neckline

The market level equal to a line connecting the two interim declines in a head and shoulders pattern.

Neckline

In technical analysis, a line, sometimes with zero-slope and sometimes with slight slope, representing a buy point on a head and shoulders pattern. In a chart showing a head and shoulders pattern, the "head" and "shoulders" fall toward a certain near-horizontal line before rising again; this is the neckline. When technical analysts see a security falling toward the neckline, they view this as a buy signal because historical patterns have shown that the security's price will rise soon thereafter. However, if the security falls significantly below the neckline, technical analysts see this as a reversal of a previous trend.

neckline

The line that connects the two lowest points on the intermediate declines of a head-and-shoulders chart pattern. In an inverted head-and-shoulders formation, the neckline connects the two intermediate tops. If the second shoulder breaks through the neckline, it is an indication of a major price movement in the direction of the breakout.
References in periodicals archive ?
The star stole the show in a shimmering bronze jumpsuit with a plunging neckline.
w envelope your bust, resultting in g m neck High neckline "A moulded bra will be most suited to a high neckline," says Sandra.
Her ample bosom popping out of her southward heading neckline dress spoils her look, making her look like a saucy starlet.
Designers agree wide shoulders are an asset, so show them off with interesting sleeves and necklines.
Conservative necklines are fading out and plunging necklines are taking the stage
Stars with plunging necklines J-Lo, top, and Daisy Lowe and, top right, Molly King and Miranda Kerr kard to miss kim Kardashian has boobs on show in Paris
One-shoulders and illusion necklines are two great hits this year.
London, Oct 2 (ANI): Pippa Middleton, Jecca Craig and ex-Spice Girl Geri Halliwell were pictured wearing strikingly similar designer gowns with plunging necklines at a charity boxing ball.
If it wasn't a slit at the thigh, then it was necklines plunging.
With these necklines simply wear a small beaded choker or a diamonte cross on a chain to finish off the effect.
Beige tunic-dresses with plunging necklines are accessorized by waist-cinching belts with oversized buckles and sheathlike gloves.