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Technical Correction

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Technical Correction
A temporary decline in a stock's price after a series of extremely high gains. If a stock is overbought, its price often become unsustainably high and a technical correction brings it back to a level that ideally reflects its true value.
technical correction
A temporary downturn in the price of a stock or in the market itself following a period of extensive price increases. A technical correction takes place in a generally increasing market when there is no particular reason that the increases should be interrupted other than the fact that investors have temporarily slowed securities purchases.
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4p following a technical correction as the price adjusted to reflect the recently announced rights issue under which Ladbrokes plans to raise pounds 275m.
Oil major's shares spurt higher after news by The Journal (Newcastle, England)
2008; and * A technical correction was made to modify the computation of the research credit's base amount for a tax year in which the credit was not in effect for the entire year.
Evolving tax credits: keeping up with the ever-changing R&D tax ... by Crabtree, Randy / California CPA
The Tax Committee had two primary areas of focus during the past year, the first being serving as the driver of the process of developing technical corrections to the MBT, and the second being participating in discussions regarding more fundamental business tax reforms that the legislature has been examining as it continues to work on the 2009-1010 budget.
Fighting for tax reform: the chamber's tax committee works towards a ... by Nowak, Gregory / Detroiter
 
 
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