A technical analysis term used to describe a chart on which the price of a security has made two approximately equal bottoms over a period of time. Technical analysts try to buy at one of the bottoms in anticipation of a rise (which would make the shape of a "W" on the chart). also called double bottom. opposite of double top.
Related information about W formation:
- W Formation - Financial Dictionary - The Free Dictionary
In technical analysis, a price trend characterized by a sharp fall, then a sharp rise, then a second sharp fall, and finally a second sharp rise. It is called a W ...
- What is W formation? definition and meaning
Definition of W formation: A technical analysis term used to describe a chart on which the price of a security has made two approximately equal bottoms over a ...
- Formation (association football) - Wikipedia, the free encyclopedia
Many teams also use a central attacking midfielder and two defensive midfielders , so the midfielders form a W formation. The formation was also used by Egypt ...
- W Formation: Definition from Answers.com
technical chart pattern of the price of a stock, bond, or commodity that shows the price has hit a support level two times and is moving up; also called.
- W formation
A term used in technical analysis, W formation refers to a chart on which the...
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Nov 4, 2012 ... Weather permitting, a meteor shower and a 'W' formation of stars are in store for stargazers this November, state astronomers said over the ...
- W formation - Invest Definition
W formation definition: In technical analysis, a chart formation caused by a sharp decline, a sharp upward movement, and then a second sharp decline and ...
- Volleyball five-player serve-receive beneficial for less experienced ...
In the five-player serve-receive pattern, all players except the designated setter are placed in a W formation (figure 2.1). As you see in the figure, three players ...