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 ?
You can move it around on larger work like stair treads or screw it to a temporary base and then bring smaller work to it.
The statement details the journalists' arrest, Baher from his home in 6 October, and the rest of the team from the Marriott Hotel in Zamalek which they had used as a temporary base of operations.
The temporary base was set up to help ease the pressure on A&E units by providing first aid in Birmingham city centre last weekend.
Demand for box space at the Riviera venue has been so strong that, despite interest from many British trainers, only Hollinshead and Gay Kelleway have been allocated a temporary base. Hollinshead, 89, has been a regular visitor over the years and he has three candidates this time around, including Snowy Dawn and Moorway who run in today's mile maiden.
Speaking to the GDN from his temporary base in the north Dublin seaside town, health and safety guru, cocktail connoisseur, part-time body-builder, Men's Health subscriber and the Camels' star man Richard Ryan said he was 'gutted' with the decision.
One of our reporters was able to get past a G4S "guard" into a temporary base where 4,000 troops will be housed while they guard Olympic sites.
ST HELENS will take on Warrington Wolves in their first game at their temporary base in Widnes.
On directives of CPO Rawalpindi, SP Rawal town Raja Zarrat Kiani has set up a police check post in a tent on temporary base to control increasing crimes in the area.
News that the Landing Stage could replace the dreadful Langton Dock as a temporary base for turn-around cruises, complete with baggage handling and passport control facilities.
Proof came on 15 September, when two German air force Eurofighters had to make an "alpha scramble" from their temporary base at Siauliai, Lithuania, while providing Baltic sector quick reaction alert/air policing duties for NATO.
According to Pacnews, the region's news agency, Thaksin met with a number of government officials and investment authorities in Fiji to discuss his plans to relocate from his current temporary base in Dubai.
The building has been earmarked for demolition in the long-term, but instead of standing dormant, the interior will be sub-divided and artists and firms will be able to use it as a temporary base.

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