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 ?
I will not do't, Lest I surcease to honour mine own truth And by my body's action teach my mind A most inherent baseness.
Socrates compares the philosopher-king with a painter who, after rubbing off his slate the various images of baseness and injustice, draws on a clean one ethics and constitutions which are only good.
The broadsheet newspaper long resisted the inclusion of football, which was associated with negativity, vulgarity, baseness and violence.
This is a lie or hallucination that brings back to mind the baseness of some in the Syrian opposition, which drives people away and makes them fearful for the future of Syria in such individuals' hands.
Do the greed of the superpowers and the baseness of their proxies know no bounds?
There be some sports are painful, and their labour Delight in them set off; some kinds of baseness Are nobly undergone; and most poor matters Point to rich ends.
Those who claim to champion freedom and human rights have on numerous occasions showed their baseness, savagery and barbarism by ordering the desecration of the Holy Quran and insulting Islamic sanctities," Larijani said.
Despite its excesses it lifts the lid on human nature in all its complexities; its baseness and brutality, its selfishness, but also its charitable self-giving.
Decades before the abolition of the slave trade in the British Empire in 1807 and the abolition of slavery in 1833, Smith described slave traders as "wretches who possess the virtues neither of the countries which they come from, nor of those which they go to, and whose levity, brutality, and baseness, so justly expose them to the contempt of the vanquished" ([1790] 1982, 206-7).
The British concertgoers who, judging from video snippets of the incident, yelled at the protesters to leave the hall weren't siding with the Israelis over the Palestinians; they were choosing culture and civility over brutality and baseness.
Husayn al-Sawaf, 25, a playwright, said in Cairo: "The Americans behaved in the same way as bin Laden: with treachery and baseness.
Others, however, have interpreted West's video as a twisted fairytale that skewers the cult of celebrity and the baseness of those attracted to fame.