triangle

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Triangle

In technical analysis, a series of high and low prices for a security that, when plotted on a chart, looks vaguely like a triangle. A triangle indicates that investors do not know whether a bull market or a bear market will prevail. If the triangle breaks upward, it is a bullish sign, but if it breaks downward, it is a bearish sign. A triangle is also called a wedge. See also: Ascending sign, Descending sign.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

triangle

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triangle
In technical analysis, a chart pattern indicating the convergence in the movement of successive high and low prices and characterized by a formation that resembles a triangle turned on its side. A triangle indicates a period of combat between bulls and bears with the technical analyst having to determine the winner. If prices break out of the triangle on the upside, it is a bullish sign. A breakout on the downside indicates the bears are winners. The closer the breakout occurs to the point of the triangle, the less conclusive the signal to buy or sell. Also called coil, flag, pennant, wedge. See also ascending triangle, descending triangle.
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 ?
CONCLUSION: The present case is interesting because of the mode of entry of the foreign body, the way it travels through tonsillar fossa to carotid triangle of the neck, between the IJV and carotid artery.
The carotid triangle formed between posterior belly of the digastrics muscle and the stylohyoid (Anterosuperiorly) Superior belly of omohyoid (Anteroinferiorly) and Anterior border of the sternocleidomastoid muscle (Posteriorly) is defined and the contents (The common carotid artery, the internal carotid artery, the external carotid artery, internal jugular vein, vagus nerve, superior laryngeal branch, spinal accessory nerve) are all being identified.
The digastric muscle is located in the anterior region of the neck and its bellies are the limits of the submandibular (digastric), submental and carotid triangles. The submandibular triangle is delimited by the anterior and posterior bellies of the digastric muscle and by the inferior margin of the mandible.