Broadening Formation

Broadening Formation
A pattern that occurs during high volatility, when a security shows great movement with little direction. The formation is identified by a series of higher pivot highs and lower pivot lows. A trendline drawn over the pivot highs and under the pivot lows frames out the widening pattern. It looks like a megaphone and, in fact, it is also known by that name.

Broadening Formation

As the two trendlines diverge from the apex, the pattern resembles a reverse version of a symmetrical triangle. This pattern is considered quite rare, but is useful in helping technicians to identify swing trades, rather than a trend trades.


Investment dictionary. . 2012.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • Broadening —    A term used in technical analysis. A price formation with the appearance of a horizontal triangle, with the apex on the left and the base at the right. The trend lines are widening so the base gets wider. Peaks and troughs get successively… …   Financial and business terms

  • education — /ej oo kay sheuhn/, n. 1. the act or process of imparting or acquiring general knowledge, developing the powers of reasoning and judgment, and generally of preparing oneself or others intellectually for mature life. 2. the act or process of… …   Universalium

  • United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …   Universalium

  • spectroscopy — spectroscopist /spek tros keuh pist/, n. /spek tros keuh pee, spek treuh skoh pee/, n. the science that deals with the use of the spectroscope and with spectrum analysis. [1865 70; SPECTRO + SCOPY] * * * Branch of analysis devoted to identifying… …   Universalium

  • MIXED MARRIAGE, INTERMARRIAGE — The terms intermarriage and mixed marriage are used interchangeably. Intermarriage in the present context is defined as a marriage where one partner professes a religion different from that of his spouse. Marriages in which a partner has… …   Encyclopedia of Judaism

  • France — /frans, frahns/; Fr. /frddahonns/, n. 1. Anatole /ann nann tawl /, (Jacques Anatole Thibault), 1844 1924, French novelist and essayist: Nobel prize 1921. 2. a republic in W Europe. 58,470,421; 212,736 sq. mi. (550,985 sq. km). Cap.: Paris. 3.… …   Universalium

  • Redshift — This article is about the astronomical phenomenon. For other uses, see Redshift (disambiguation). Physical cosmology …   Wikipedia

  • Microturbulence — is a form of turbulence that varies over small distance scales. (Large scale turbulence is called macroturbulence.) Contents 1 Stellar 2 Magnetic nuclear fusion 3 Oceanography 4 References …   Wikipedia

  • Polyethylene terephthalate — PETE redirects here. For the first name, see Peter (disambiguation). For other uses, see Pete (disambiguation). Polyethylene terephthalate fibre IUPAC name …   Wikipedia

  • Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …   Universalium

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”