A bullish candlestick pattern that is used to predict the continuation of the current uptrend. This pattern is formed when the candlesticks meet the following characteristics:1. The first candle in the pattern is a long white candlestick within a defined uptrend.2. A series of descending small-bodied candlesticks that trade within the range of the first candlestick.3. A long white candlestick creates a new high, which suggests that bullish are back in control of the direction. The series of small-bodied candlesticks are regarded as a period of consolidation before the uptrend is able to continue. This pattern is important because it shows traders that sellers still do not have enough conviction to reverse the trend and it is used by some active traders as a signal to add to their positions.
An instrument representing ownership (stocks), a debt agreement (bonds) or the rights to ownership (derivatives). Taobiz explains Security A security is essentially a contract that can be assigned a value and traded. Examples of a security include a note, stock, preferred share, bond, debenture, option, future, swap, right, warrant, or virtually any other financial asset.
A pattern on a security's chart that results from the daily low price rising over time, creating a series of ascending troughs. Technical traders use this pattern to confirm that the trend of the underlying security is heading upward. The chart below illustrates a security that has three rising bottoms, indicating progressively higher lows over time. Also known as "ascending bottom". This pattern is considered to be bullish. Rising bottoms signify increasing basic support levels and ascending tops.
A financial professional who studies various industries and companies, providing research and valuation reports, and making buy, sell, and hold recommendations. Taobiz explains Security Analyst Be very wary of a broker who calls an investment a "sure thing" or "easy money." There's no such thing! You can usually trust analysts with the Chartered Financial Analyst (CFA) designation, as they are required to follow a code of ethics.
A price level predetermined as the point of entry into a specific security, stock, or currency. once the setup price is broken the trader will enter the position determined by the setup. This could include shorting a stock because they think the price will drop or going long because they expect an upward movement. The setup price can be determined based on technical or fundamental factors as well as personal opinion on the part of the trader. Usually reaching the setup price is not enough to make a move. Generally traders wait for a significant break to confirm the trend will continue. For example, if you’re looking for the price of a stock to go above $25 before buying, the setup price is $25. It might be better for the price to exceed $25.05 instead of purchasing as soon as $25 is reached. Timing will depend on volume, volatility and many other factors affecting price movements.
When a brokerage lends securities owned by its clients to short sellers. Taobiz explains Securities Lending This allows brokers to create additional revenue (commissions) on the short sale transaction.
The former name of a regulatory body consisting of the National Association of Securities Dealers and the New York Stock Exchange Regulation. The Securities Industry Regulatory Authority was formed to govern business practices between securities brokers and the investing public. SIRA aims to reduce the cost inefficiencies of these two regulators operating separately. Taobiz explains Securities Industry Regulatory Authority - SIRA The SIRA name was short lived, eventually changing to the Financial Industry Regulatory Authority, or FINRA. The change was made after complaints were issued regarding the close resemblance SIRA had to the Arabic term "Sirah". Sirah refers to biographical texts about Muhammad, prompting the NASD and NYSE to reconsider the name.
A general term used to describe indicators that gauge investor attitudes toward the market. Sentiment indicators are employed in technical analysis to quantify the levels of optimism or pessimism present in various markets. For example, some indicators will account for all the long and short positions on a particular exchange in order to determine a bearish or bullish market.