Price movement on a chart which is shaped like the letter V. Some technical analysts consider this a bullish indicator, treating it as a sign that the falling price has reversed, while other technical analysts don't consider it a bullish indicator, feeling that the price recovery would have been more sustainable if it had been more gradual.
Related information about V formation:
- V formation - Wikipedia, the free encyclopedia
A V formation (sometimes called a skein) is the symmetric V-shaped flight formation of flights of geese, ducks, and other migratory birds. V formations also ...
- Why do geese fly in a V? - Library of Congress
The second benefit to the V formation is that it is easy to keep track of every bird in the group. Flying in formation may assist with the communication and ...
- Why do migratory birds fly in a V-formation?: Scientific American
Oct 1, 2007 ... Bruce Batt, chief biologist for the conservation group Ducks Unlimited, based in Memphis, Tenn., explains. The linear flight formations of ...
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- Why Birds fly in V formation
The good sense of the Goose: In the fall when you see geese heading south for the winter flying in the "V" formation, you might be interested in knowing what ...
- Vformation LLC :: A Bay Area based private capital firm
Vformation LLC is a private capital firm that makes early growth stage investments. We target companies in the following vital industry domains: Health IT and ...