Base

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Related to touched base: let off, run by, stick with, fall out with

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 ?
Maurice touched base here a lot and all the family will come back to the family home.
Murray was a great finder of talent so he touched base with Billy Connolly at the right time, and touched base with John Byrne, the painter, at the right time.
And Pannu, Blues' vice chairman executive finance, said: "I have touched base with Alex's representatives.