Double Top

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

Book Value

A valuation of something using its net assets on the balance sheet.

A very rough way of valuing an asset because it ignores the intangibles.

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Annuity

A guaranteed income for the rest of someones life.

Historically purchased with pension lump sums.

The buyer is swaping cash now for future income.

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