Head and Shoulders
A chart formation that has three peaks or valleys with the middle one being the largest. It is so named because of the fact that the first and third price moves look like shoulders while the second one looks like a head. The head and shoulders pattern is considered to be bearish in an Uptrend, while the inverse head and shoulders is considered to be bullish in a down trend.
Browse by Subjects
double top
V bottom
head and shoulders pattern
See All Related Terms »

Front office
Yen Carry Trade
uniform accounting policies
units of production method of depreciation