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 classic literature ?
The Assault-and-Battery business, into which I was now forced to adventure for a livelihood, was somewhat ill-adapted to the delicate nature of my constitution; but I went to work in it with a good heart, and found my account here, as heretofore, in those stern habits of methodical accuracy which had been thumped into me by that delightful old nurse -- I would indeed be the basest of men not to remember her well in my will.
On George's intercourse with Amelia he put an instant veto--menacing the youth with maledictions if he broke his commands, and vilipending the poor innocent girl as the basest and most artful of vixens.
For as long as people love 'reggae-inspired beats with traditional folk pop rhythms and the basest of lyrical themes,' the band surely will stay around.
The tragic death of Jo Cox, killed by a self-proclaimed racist, reminds us of the danger of pandering to mankind's basest instincts.
Instead of showing any signs of progress, most people, and consequently some countries, succumbed to their basest impulses.
Yes, cowardice, for ganging up on a helpless individual who had put his fate in your hands calls, not for bravery, but for conspiracy of the basest sort.
It's commonly believed that infants are only aware of their basest physical needs, and that they must grow into higher self-awareness.
The level of debate has been no higher than a bickering couple, either, with the electorate seemingly having a choice between a group of people trying to scare us to death and another group appealing to our basest instincts about foreigners.
This survey of nearly fifty works made over the past thirty years brings together fractured collages that eviscerate celebrity, and paintings that rattle the basest drives of society by perversely encouraging them--with phrases like ASK YOUR DRUG DEALER IF YOUR HEART IS STRONG ENOUGH FOR SEXUAL ACTIVITY.
Louis, the ship of Jewish refugees turned away from Florida in 1939," Washington Post columnist Dana Milbank recently wrote about the "xenophobic bidding war" instigated by the likes of Republican presidential candidates Donald Trump, Ted Cruz, and Ben Carson, all of whom have appealed to the basest fears of the American public.
One is the basest and vulgarist kind of art; the other is the highest and noblest kind of art.
Never have so many of the noblest human values been used to cover the basest of human intentions.