ascending tops meaning

[Economics]
A series of market peaks, each of which represents a higher level of prices than its predecessor. In chartist analysis such a series is seen as a sign of a bull market.

Compare:

rising bottoms.

See also:

double top.


[Finance]
A chart pattern that depicts that each peak in a security's price over a period of time is higher than the preceding peak. Antithesis of descending tops.
  • the tops:     (informal) & ...
  • tops:    Adjective: tops&nb ...
  • ascending:    Adjective: ascendi ...

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