Phrases with «rising wedge»

A "rising wedge" is a term used in finance to describe a pattern that occurs in the price of an investment. It looks like two trend lines that are converging together, with the top line sloping upward and the bottom line sloping even more upward. This pattern often indicates that the price could soon decrease or "fall." In other words, it suggests that the investment may be reaching a point where it could become less valuable. Full definition

Sentences with «rising wedge»

  • The result is an ascending or rising wedge pattern. (cnbc.com)
  • From February to September of last year most of the US stock market indexes built out a bullish rising wedge formation. (moneytalks.net)
  • The stunning Fly London Yini Cupido Sandals Rose wedge sandals would add a pretty finishing touch to any outfit and make you feel amazing. (kelkoo.co.uk)
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