triple top

Triple Top

In technical analysis, a situation in which a security peaks at roughly the same price three times in a relatively short period. That is, the price peaks and then drops back down, which is then repeated twice. Technical analysts consider a triple top a bullish signal if the price continues to rise following the third peak. However, if the price drops significantly after the third peak, it is seen as a bearish indicator.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

triple top

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triple top
In technical analysis, a chart pattern that indicates that a stock or a market index has attempted to penetrate an upper price level on three different occasions. If the stock price or index actually breaks through on the upside during the third attempt, it is a bullish signal. If the stock price or index fails on the third attempt and pulls back, it is a bearish signal. Compare triple bottom.
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.
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dollar strength could continue as the currency formed a triple top pattern on its chart.
As if the PSEi gods were having a good laugh at my expense, the following day the market turned down creating the potential of what is called a Triple Top pattern.
The breeze through the 97.41 "triple top" yesterday broke the dam on further gains, just a day after the Fed collapsed the dot-plot and forecast the end of balance sheet rundown by September.
HIGH achieving Huddersfield triplets got triple top marks in their BTEC results.
However, when looking at the chart, gold is making an interesting formation of a triple top. A break above $1,295 is required to prevent bears from sending prices back towards $1,200.
'Last week, PSEi reached 8,000, forming a triple top in a span of two months.
Sustainability is more than an auditing mechanism; it is an excellent source of inspiration for innovation and growth." While the triple bottom line has its uses, some, Pissed-Off Optimist among them, argue that innovation really comes into its own from a triple top line perspective.
Part-II: "Mirage to Reality" contains four chapters--Emergence of Triple Bottom Line Approach: Results Belie Expectations; Making the Right Choice: Overcoming Obstacles to Conscientious Choice; Discovering Triple Top Line: Of Joy, Peace and Contentment; Leadership Lessons from History: Perspectives from Egypt, India, China, Greece and Italy.
The Garland Triple Top Electric Windowsill Propagator, (pounds 26 from 01384 278 256, garlandproducts.com), also scored highly.
The Garland Triple Top Electric Windowsill Propagator, at pounds 26 (01384 278 256, garlandproducts.com), also scored highly thanks to its ease of use.