Saucer

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Saucer

Technical chart pattern depicting a security whose price has reached bottom and is moving up.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Saucer

In technical analysis, an indicator that a downtrend is reversing itself. It is marked by a gradual decline in a security's price, followed by a bottom, and finally by a gradual increase. It is important to note that the bottom has low trading volume. The term comes from the fact that, when charted, a saucer trend looks like a small bowl. It is also called a rounded bottom.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

saucer

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saucer
In technical analysis, a U-shaped chart pattern that indicates a market bottom for the security or market index being graphed. Also called rounded bottom. See also reversal pattern.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
"Saucer Over City Say Women" (March 31, 1969): "Two Coventry women believe there may have been a flying saucer over the city during the weekend after they were woken by an 'unearthly' high-pitched whining accompanied by a glowing light.
FULL-SCALE FALCON Word started to spread in the winter of 1979 that a flying saucer was being built in an old giant aircraft hangar at Pembroke Dock.
4 Once this is dry, paint the rims of the cups and saucers with black or gold paint.
75 year-old Mary Moneib also saw the saucers. She was at terminal 1 waiting to board her flight to Kuwait, where her son resides.
The first, "Meet the Saucer People," is a helpful overview of the main themes of the book.
Nick Gleghorn, director of the South Australian office of the National Archives, will explore the topic of flying saucers and UFO sightings in Australia.
Joy Clarke, 60, who was in form two at Westall High School when she saw "flying saucers" above the sports oval, said that the UFO playground gives the 1966 sighting official validation.
Twenty students from the college's School of Creative Industries have put their impressive creativity to work on the humble cup and saucer and have produced a range of espresso sets that draw inspiration from transport, alternative music and even a space shuttle.
IF your hand's a bit shaky, this is the chocolate cup and saucer for you as it's a 'trembleuse': the cup sits in a pierced holder which prevents it from tipping over when held by an unsteady hand.
Debenhams is backing the fight by only serving tea with cups and saucers in its 172 cafes.
I HAVE had these blue and white saucers and bowl for many years, and am told they were made in Liverpool.
Jacobsen interviewed a former Area 51 employee who claims that in 1947 government forces discovered flying saucers developed by the Russians for the express purpose of causing War of the Worlds--style mass hysteria across America.