Meaning HEAD ; SHOULDERS: In technical analysis, a pattern that results where a stock price reaches a peak and declines; rises above its former peak and again declines; and rises a third time but not to the second peak, and then again declines. The first and third peaks are shoulders, while the second peak is the formation's head. Technical analysts generally consider a head and shoulders formation to be a very bearish indication
More terms such as Head ; shoulders in Dictionary H.
- Definition High Current Income Mutual Fund:
- Examples A mutual fund whose primary goal is to produce a high level of income by making higher-risk investments in instruments such as junk bonds head ; shoulders definition.
- Definition Hard Currency:
- Examples A freely convertible currency that is not expected to depreciate in value in the foreseeable future head ; shoulders explain.
- Definition Hammering The Market:
- Examples Heavy selling of stocks by speculators who think that the stock is overvalued and is about to drop head ; shoulders what is.
- Definition House Rules:
- Examples Internal rules of broker-dealer firm that govern the handling of its customers' accounts head ; shoulders meaning.
- Definition Hemline Theory:
- Examples prices move in the same direction as the hemlines of women's dresses. For example, short skirts (1920s and 1960s) are symbolic of bullish markets and long skirts (1930s and 1940s) are symbolic head ; shoulders abbreviation.