| 1. | meteor (def. 1b). |
| 2. | Also called American cowslip, prairie pointer. any of several North American plants of the genus Dodecatheon, esp. D. meadia, having pink or white flowers with reflexed petals and stamens forming a pointed beak. |
me·te·or  (mē'tē-ər, -ôr')  n. A bright trail or streak that appears in the sky when a meteoroid is heated to incandescence by friction with the earth's atmosphere. Also called falling star, meteor burst, shooting star. [Middle English metheour, atmospheric phenomenon, from Old French meteore, from Medieval Latin meteōrum, from Greek meteōron, astronomical phenomenon, from neuter of meteōros, high in the air : meta-, meta- + -āoros, lifted; akin to āeirein, to lift up; see wer-1 in Indo-European roots.] |
| shooting star n.
|
Shooting Star
A type of candlestick formation that results when a security's price, at some point during the day, advances well above the opening price but closes lower than the opening price. 
Investopedia Commentary
In order for a candlestick to be considered a shooting star, the formation must be on an upward or bullish trend. Furthermore, the distance between the highest price for the day and the opening price must be more than twice as large as the shooting star's body. Finally, the distance between the lowest price for the day and the closing price must be very small or nonexistent.
Related Links
Introduction To Technical Analysis
See also: Bar Chart, Bearish Harami, Bullish Harami, Candlestick, Dark Cloud Cover, Harami Cross, Technical Analysis
shooting star (sh 'tĭng) Pronunciation Key
See meteor. |