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Tip of the Day Save Enough

Save Enough - When your children are young is the time to start planning for your children's college and/or universities costs and plan to save one-third to one-half of the...

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Symmetrical Triangle

Symmetrical triangle - A symmetrical triangle is a triangle chart pattern, where a technical analysis determines the symmetrical triangle pattern of the stock movement. Symmetrical triangle patterns are a form of continuation pattern, which result in low risk investment opportunities. The top level or the smallest point of the triangle decreases and the bottom level or base of the triangle spreads out at the same time or close to it. What is happening in the market place at this time is that sellers are trying to push the prices up and buyers are trying to push the prices down and so there is a level of resistance within the market place. Eventually there will be a meeting point, which is said to be a consolidation and the price will even out at either an increase or decrease.

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A symmetrical triangle is something that is not only used in stock markets but across every industry across the globe. The main advantage of using a symmetrical triangle is being able to analyse stocks to the right details and to be able to scope out the future outcome of the stock.

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Definition of the Day Average Down

Average Down - The average down means that the stockholder who is buying additional shares in stock that is already in his/her portfolio, has dropped in price since the he/she purchased of the earlier stock. These stocks are generally owned, a long position, or owed, a short position, by an...

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