HEAD AND SHOULDERS
\hˈɛd and ʃˈə͡ʊldəz], \hˈɛd and ʃˈəʊldəz], \h_ˈɛ_d a_n_d ʃ_ˈəʊ_l_d_ə_z]\
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ATECHNICALANALYSIS charting figure of a security or index that features a supporting price plateau, followed by a spike, then a reversal to a second supporting price plateau; the formation of a head and shoulders might then lead to a BREAKOUT on the upside or downside. See also REVERSE HEAD AND SHOULDERS.
By Henry Campbell Black
Word of the day
Platidiam
- An inorganic water-soluble platinum complex. After undergoing hydrolysis, it reacts DNA produce both intra interstrand crosslinks. These crosslinks appear to impair replication and transcription of DNA. The cytotoxicity cisplatin correlates with cellular arrest in G2 phase cell cycle.