Trading Basics
Double Top
A price pattern forming at the top of a trend, interpreted by technical analysts as suggesting a reversal in price.
Other Trading Basics
Ask Price
The ask price is the level at which a seller is willing to accept a bid on a security.
The ask price is always higher than the bid price.
Also known as the offer price.
Book Building
When a new share is issued book building is the process institutions go through to gauge demand and therefore price.
This goes on before the share is available to trade on the exchange.
Chart Patterns
Technical analysts use repeatable chart patterns to try to spot changes or continuations in participant sentiment.
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