Saucer

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Saucer

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

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.

saucer

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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.
References in classic literature ?
She had a light-hearted remembrance of the failure of her sauce.
It is extremely improbable that a stream so small as the Sauce then was, should traverse the entire width of the continent; and indeed, if it were the residue of a large river, its waters, as in other ascertained cases, would be saline.
In the morning, having fairly scudded before the gale, we arrived by the middle of the day at the Sauce posta.
They were at least ten leagues from the Sauce posta, and since the murder committed by the Indians, twenty from another.
Stay, take some sauce," he said, holding back Levin's hand as it pushed away the sauce.
Levin obediently helped himself to sauce, but would not let Stepan Arkadyevitch go on with his dinner.
After all," he said meditatively, "I am not sure that I was wise in insisting upon a sauce piquante.
To which Mr Venus only replies, shaking his shock of dusty hair, and winking his weak eyes, 'Don't sauce ME, in the wicious pride of your youth; don't hit ME, because you see I'm down.
But Pickwick, gentlemen, Pickwick, the ruthless destroyer of this domestic oasis in the desert of Goswell Street-- Pickwick who has choked up the well, and thrown ashes on the sward--Pickwick, who comes before you to-day with his heartless tomato sauce and warming-pans--Pickwick still rears his head with unblushing effrontery, and gazes without a sigh on the ruin he has made.
It had been a simple, a nutritious diet; but there had been nothing exciting about it, and the odour of Burgundy, and the smell of French sauces, and the sight of clean napkins and long loaves, knocked as a very welcome visitor at the door of our inner man.
From the milk and the meat of the nut she made various sauces and dressings, sweet and sour, that were served, according to preparation, with dishes that ranged from fish to pudding.
People who are to be comfortable are accustomed to lie on sofas, and dine off tables, and they should have sauces and sweets in the modern style.