Base

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Related to touched base: let off, run by, stick with, fall out with

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.
References in periodicals archive ?
And I touched base with him again at the end of January after Berenson had ended a two-week hunger strike.
Well, VZ is still being hampered by these short-term trendlines, and, after a rather disappointing trip to the earnings confessional, has lost more than five percent since I last touched base with the equity.