For the uneducated...hehehehehehe
Definitions of Double Top on the Web:
Used in technical analysis, it is chart pattern of a stock's prices showing a rise to a high price, then a drop, then rebound to the same high ...
www.tiaa-crefbrokerage.com/invest_glosry_DoDz.htm
A double top is a technical formation in which a stock makes two sets of significant highs at a similar price level. Double tops are used for forecasting potential downside risk until their highs are taken out. ...
www.schaeffersresearch.com/schaeffersu/general/glossary.aspx
A reversal chart pattern displaying two prominent peaks. The reversal is complete when the support trough is broken. The double bottom is a mirror image of the top.
www.avafx.com/resources/educ/forex-glossary/
A geometric pattern comprising two tops resembling an “M” on the chart. It is usually accompanied by higher volume on the first top than on the second top. ...
www.asiachart.com/glossary.html
A figure of a technical analysis when the Forex rate rose on some level twice, and then again fell.
www.forexrealm.com/forex-for-beginners/forex-glossary-d.html
A bar chart formation that signals a possible trend reversal. In a point and figure chart, double tops and bottoms are used for buy and sell signals.
www.tradecenterinc.com/commoditysystem/Glossary.html
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