inclining wedge
A chart pattern characterized by rapidly rising lows that converge on more gradually increasing highs, resulting in an upward sloping wedge pattern. Technicians view an inclining wedge as a neutral indicator and will place orders above and below the trend lines drawn along the tops and bottoms of the wedge and play the one that gets filled on the breakout.
Browse by Subjects
statute book
current cost accounting
overrider
Chicago Board Options Exchange (CBOE)
futures market