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 ?
The treatment targets dark circles, neck lines, large pores, saggy skin and fine lines.
Plunging neck lines, asymmetric tops combined with skirts or skinny-leg trouser suits create a dynamic combination of tough masculinity with seductive femininity.
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Neck lines are slashed and funnel-shaped and colours are duck-egg, clover and butter, while sandstone, rust and shale are also available in chunky knits.
But he will not be showing off his new figure with low-cut, V-shaped neck lines or spandex costumes, like fellow contestants Danny Mac and Greg Rutherford.
Alex's love for detailing is reflected in dresses with straight tilted neck lines, inverted back pockets and subtle beading on cocktail dresses and skirts.
The modest outfits were given a touch of sex appeal with slashed skirts and plunging neck lines.