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 ?
Basi enjoyed a breakout weekend in an Eagles vest with key minutes against the Lions and 11 points in Sunday's comprehensive win at Manchester.
Basi strong case time BBL Cup Cheshire Friday However, in stark contrast to Friday night's lacklustre showing inside, the Eagles picked up 56 points in the paint.
QUEEN FUR A DAY Basi is crowned as she gets her birthday cake
Mr Basi said: "The reason politicians are ignoring the backlog is that they know the task of sorting out the problems already evident with the immigration systems, including finding and bringing to justice those like John Thuo who abuse the UK's hospitality, is impossible under the current system.
A court heard that Azwar Basi, who lives in Cardiff and runs a chicken fast food outlet in Porth, got involved in a heated row after refusing to serve two customers he claimed had been racially abusive.
Basi sitolojisi konjonktiva kaynakli goz Hastaliklarinin tanisinda kullanilan hizli, kolay uygulanabilen, ekonomik ve girisimsel olmayan bir tekniktir.
The director and Phillips had then gone to the premises of KBB Haullage, and demanded the money from managing director, Colin Basi.
Principal and chief executive Amarjit Basi and chair of governors Steve Somerfield also greeted the Minister on his visit to Walsall College.
James Cove, who is writing the official history of BASI for the organisation's 50th anniversary in 2012, led the tributes for Frith.
Tuzck noropatiler periferik sinirlerin anatomik gidis yollari boyunca basi altinda kalmalari sonucu olusan kompresyon noropatilerdir (1-4).