Base

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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 ?
You can only hope that people will be stimulated, provoked, and enjoy," says Basar.
The Noor Dubai and Al Basar teams worked two six-hour shifts daily between March 12 -- 26 camp, completing 1000 surgeries with range of 100 surgeries everyday and screening 11000 patient, where they received medication and an additional 3000 were given prescription eyeglasses from Noor Dubai.
Sentences were adjourned until this week with Ul Basar jailed for 11 years and Zada sent to prison for 13 years for his part in the drug smuggling operation.
Murray, from Sidcup, Kent, has been charged in Morocco with three other Britains - Paul Allen, Mustafa Basar and Gary Armitage.
Mature Cow: 1 T & A Hodge, Cleevale Charles Mania, 2 E Moffitt & Son, Ansa Basar Linda, 3 EC Spence & Sons, Linlake Rudolph Tina.
Muchos hemos externa do la preocupacion de basar el crecimiento de esa capacidad en un combustible que en los mercados internacionales sufre de una gran volatilidad, por ejemplo, en 2000 el precio del MMbtu subio en cuestion de meses de poco mas de 2 dolares a casi 10.
Demet Basar or Derek Behnke Wolf Haldenstein Adler Freeman & Herz LLP 270 Madison Avenue New York, New York 10016 Phone Numbers: (800) 575-0735 (212) 545-4600 Email: basar@whafh.
The source further added that the two towns of Maliha al-Atash and Basar al-Harir in Dara'a countryside are also under the siege of the Syrian army men, and will be set free in the next few hours.
Dubai Art enthusiasts would term it a directory, but Shumon Basar, director of the Global Art Forum at the recent Art Dubai fair, called it the "missing link" in the art history of the country.