A technical analysis term for two successive rises to the same price level. On a chart, this looks something like an M. The particular price level where the double top occurs is considered a resistance level for the stock, because technical analysts believe that the stock is having difficulty rising above that level. opposite of double bottom.
Related information about double top:
- Double Top Reversal - ChartSchool - StockCharts.com
The Double Top Reversal is a bearish reversal pattern typically found on bar charts, line charts and candlestick charts. As its name implies, the pattern is made ...
- Double Top Definition | Investopedia
A term used in technical analysis to describe the rise of a stock, a drop, another rise to the same level as the original rise, and finally another drop.
- Double top and double bottom - Wikipedia, the free encyclopedia
Double top and double bottom are reversal chart patterns observed in the technical analysis of financial trading markets of stocks, commodities, currencies, and ...
- Double top - Wikipedia, the free encyclopedia
Double top may refer to: Double top and double bottom, reversal chart patterns observed in the technical analysis of financial trading markets of stocks, ...
- Double Top Chart Pattern | John Lansing's Trending 123
The double top is a reversal pattern of an upward trend in a stock's price. The double top marks an uptrend in the process of becoming a downtrend.
- Double Top/Bottom - Trade 10
Double Top/Bottom. When price peaks after a rise, and the decline that follows leads to another rise in prices to form a second peak at or about the level of the ...
- Double Top - Double Top Pattern | TheStockBandit.com
Double top patterns follow uptrends in stocks and are topping patterns and sell indications.
- Bulkowski's Double Top Setup
The double top setup is for option players that want to make money in a short time. By trader and author Thomas Bulkowski.