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ascending tops

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Financial Dictionary

Ascending Tops

This refers to a series of peaks, each peak higher than the previous one on the stock's chart pattern. Above is a series of four ascending tops.

Investopedia Commentary

This is considered a very bullish indicator.

Related Links

Introduction To Technical Analysis
Price Patterns - Part 4

See also: Cup and Handle, Head and Shoulders, Technical Analysis

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
Cite This Source
Top 3 Penny Stocks
A list of the top penny stocks that will make the biggest gains.
www.coolpennystocks.com
Top Stock Of the Day
Trade the top 3 penny stocks each day for the biggest gains.
www.pennyinvest.com
Financial Dictionary

ascending tops

In technical analysis, a chart pattern indicating the up and down movement of a security's price and characterized by progressively higher peaks on each upturn. This pattern is considered bullish. Compare descending tops.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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