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Triangle

In technical analysis, a series of high and low prices for a security that, when plotted on a chart, looks vaguely like a triangle. A triangle indicates that investors do not know whether a bull market or a bear market will prevail. If the triangle breaks upward, it is a bullish sign, but if it breaks downward, it is a bearish sign. A triangle is also called a wedge. See also: Ascending sign, Descending sign.

triangle

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triangle
In technical analysis, a chart pattern indicating the convergence in the movement of successive high and low prices and characterized by a formation that resembles a triangle turned on its side. A triangle indicates a period of combat between bulls and bears with the technical analyst having to determine the winner. If prices break out of the triangle on the upside, it is a bullish sign. A breakout on the downside indicates the bears are winners. The closer the breakout occurs to the point of the triangle, the less conclusive the signal to buy or sell. Also called coil, flag, pennant, wedge. See also ascending triangle, descending triangle.
References in periodicals archive ?
The investment committee of TFM, including the members who do not have any interest in Polygon (and who were independently advised by their own counsel, Fried, Frank, Harris, Shriver & Jacobson LLP) unanimously view the Polygon acquisition as being in the best interests of the Funds.
In the new study, Lorena Moscardelli and her colleagues from The University of Texas at Austin present a detailed comparison of the geometric features of these large Martian polygons and similar features found in deep-sea sediments here on Earth.
Important in the processing steps is the idea of a Seed polygon, which for the purposes of this paper are defined as polygons that anchor archipelago position.
It was determined that standard deviation of measurements performed by autocollimators (in this case, since the position of polygon was determined by rotary table encoder, standard deviation could be considered as combined one of the table encoder/polygon/autocollimator) were for Autocollimator I--0.
Finally our construction allows us to calculate the number of square permutations with a simple record polygon.
The polygon vertices should be planer: It is assumed that complex building roofs are built up from planar surfaces.
Polygon is a US-owned investment firm with offices in London and New York, managing almost pounds 1bn.
For example suppose we insist that all the angles in the polygon P be acute.
Due to time constraints when teaching the properties of polygons, teachers often only teach the students about regular polygons or neat irregular polygons as these are easy to teach rather than complicated irregular polygons.
Polygon said the deal confirms its intention to keep Scottish writers with Scottish publishing houses, reported The Scotsman.
The decision means Polygon will end up voting against its own resolutions at the special meeting of BE in October that it called together with another institutional investor, Brandes Investment Partners - whose intentions remain unclear.
BE said it had filed the injunction because it believed Polygon had given ``late and defective'' notice of an acquisition of 35 million of its shares in July.