Neckline

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Neckline

The market level equal to a line connecting the two interim declines in a head and shoulders pattern.

Neckline

In technical analysis, a line, sometimes with zero-slope and sometimes with slight slope, representing a buy point on a head and shoulders pattern. In a chart showing a head and shoulders pattern, the "head" and "shoulders" fall toward a certain near-horizontal line before rising again; this is the neckline. When technical analysts see a security falling toward the neckline, they view this as a buy signal because historical patterns have shown that the security's price will rise soon thereafter. However, if the security falls significantly below the neckline, technical analysts see this as a reversal of a previous trend.

neckline

The line that connects the two lowest points on the intermediate declines of a head-and-shoulders chart pattern. In an inverted head-and-shoulders formation, the neckline connects the two intermediate tops. If the second shoulder breaks through the neckline, it is an indication of a major price movement in the direction of the breakout.
References in periodicals archive ?
With its thin spaghetti straps, short hemline, V-cut neck line and tassled detail, it's obviously a formula that works for Julien, as this dress was also a dead ringer for the one that helped Joely Richardson become a household name several years ago.
I also have a Red Naked Neck line listed on my website which is selected for exhibition qualities, not meat.
Our sensational body is trimmed with top quality English lace on the neck line and legs and is styled for a flattering cut, featuring a daring low-cut back.
It was Paris Fashion Week last week and everyone was talking about designer Alexandre Vauthier's show where one of the models appeared in a dress with an off-centre halter neck line completely exposing one of her breasts.
Marks and Spencer has a flattering swimsuit in black with an embellished neck line for pounds 25 while Monsoon also has a stylish blue chevron swimsuit for pounds 38.
Hostess Carol Vorderman looked sensational in a gold strapless fishtail gown and later changed into a red duchess silk satin dress with an off-the-shoulder neck line.
This purple dress creates a flattering shape with a dark band around the waist and deep neck line.
A spokesperson says: ``The low neck line and gathered bust line would be flattering for Trinny who is tall and slim.
A linen belted jacket worn over a skirt of drawstring trousers allows the air to circulate around the neck line.