a series of rising peaks and troughs, a downtrend shows a series of descending peaks and troughs
a series of successive rallies that extend though previous high points, interrupted by declines which terminate above the low point of the preceding sell-off
A market that is trending higher. ottom or Top: When prices suddenly reverse direction, forming a price pattern that looks like the letter V for a bottom or an inverted V for a top.
A channel of upward price movement.
a price pattern characterized by subsequent rising highs and rising lows
A straight line drawn upward and to the right below the reaction lows. The longer the uptrend has been in effect and the more times it has been tested, the more significant it becomes. Violation of the trendline usually signals that the uptrend may be changing direction.
A price trend characterized by a series of higher highs and higher lows.
Prices that are trading higher.
When the price of a stock or index experiences a series of higher peaks and troughs (higher highs and higher lows), it is said to be in an uptrend.
