Exchange Currency

W formation

A technical analysis term used to describe a chart on which the price of a security has made two approximately equal bottoms over a period of time. Technical analysts try to buy at one of the bottoms in anticipation of a rise (which would make the shape of a "W" on the chart). also called double bottom. opposite of double top.

Related information about W formation:
  1. W Formation - Financial Dictionary - The Free Dictionary
    In technical analysis, a price trend characterized by a sharp fall, then a sharp rise, then a second sharp fall, and finally a second sharp rise. It is called a W ...
     
  2. What is W formation? definition and meaning
    Definition of W formation: A technical analysis term used to describe a chart on which the price of a security has made two approximately equal bottoms over a ...
     
  3. Formation (association football) - Wikipedia, the free encyclopedia
    Many teams also use a central attacking midfielder and two defensive midfielders , so the midfielders form a W formation. The formation was also used by Egypt ...
     
  4. W Formation: Definition from Answers.com
    technical chart pattern of the price of a stock, bond, or commodity that shows the price has hit a support level two times and is moving up; also called.
     
  5. W formation
    A term used in technical analysis, W formation refers to a chart on which the...
     
  6. Expect Leonids meteor shower, planet in 'W' formation in Nov ...
    Nov 4, 2012 ... Weather permitting, a meteor shower and a 'W' formation of stars are in store for stargazers this November, state astronomers said over the ...
     
  7. W formation - Invest Definition
    W formation definition: In technical analysis, a chart formation caused by a sharp decline, a sharp upward movement, and then a second sharp decline and ...
     
  8. Volleyball five-player serve-receive beneficial for less experienced ...
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