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Don’t start investing or trading in stock market without proper knowledge. In Indian stock market or in any stock market few standard terms are used with the relevance of technical analysis. Sharetipsinfo suggest investors or traders must read complete glossary to understand stock market better. Learn basics of stock market with our glossary.
Up Trend line
A straight line drawn upward and to the right below the reaction lows. The longer the up trend line has been in effect and the more times it has been tested, the more significant it becomes. Violation of the trend line usually signals that the uptrend may be changing direction.
Upside Gap Two Crows
A three day bearish pattern that only happens in an uptrend. The first day is a long white body, followed by a gapped open with the small black body remaining gapped above the first day. The third day is also a black day whose body is larger than the second day and engulfs it. The close of the last day is still above the first long white day.
Upside Tasuki Gap
A continuation pattern with a long white body followed by another white body that has gapped above the first one. The third day is black and opens within the body of the second day, then closes in the gap between the first two days, but does not close the gap.
A situation that occurs when prices above resistance, but soon reverse course and break back below resistance. Price are said to thrust up, but cannot maintain the upward momentum and soon decline. The up thrust can also be referred should occur within 1-3 days of the resistance breakout for the failed signal to be considered valid . This is the opposite of a spring.
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