neckline

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(nĕk'līn') pronunciation
n.
The line formed by the edge of a garment at or near the neck.


A level of support or resistance found on a head and shoulders pattern that is used by traders to determine strategic areas to place orders. Each peak of a regular head and shoulders pattern falls toward a support level, also known as a neckline, before it rises to create the next peak. A move below the neckline (in the case of a head and shoulders top) is used by traders as a signal of a reversal of the current uptrend.

Investopedia Says:
It is possible to see the slope of a neckline be drawn at a slight angle rather than horizontal like the one shown in the image above. However, regardless of its slope, a move below the neckline of a regular head and shoulders pattern is always used as a signal of a move lower.
 
In the case of an inverse head and shoulders, the neckline is found as a level of resistance that has prevented the price from heading higher. A move beyond the neckline in this case would be used to signal the start of an uptrend.

Related Links:
ChartAdvisor experts illustrate why it's important to stick to your strategy. Tales From The Trenches: Don't Count On Luck
Take a closer look at the head-and-shoulders pattern, and learn how to spot it and when to buy. Price Patterns Part 2: Head-And-Shoulders Pattern
Volume is an extremely important factor when using technical-analysis patterns. Price Patterns Part 3: Volume
Learn how chartists analyze the price movements of the market. We'll introduce you to the most important concepts in this approach. Basics Of Technical Analysis


Random House Word Menu:

categories related to 'neckline'

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Random House Word Menu by Stephen Glazier
For a list of words related to neckline, see:

  See crossword solutions for the clue Neckline.
Translations:

Neckline

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Dansk (Danish)
n. - halsudskæring

Nederlands (Dutch)
halsuitsnijding

Français (French)
n. - encolure, décolleté

Deutsch (German)
n. - Halsausschnitt

Ελληνική (Greek)
n. - ντεκολτέ, άνοιγμα λαιμού

Italiano (Italian)
scollatura

Português (Portuguese)
n. - decote (m)

Русский (Russian)
вырез (платья)

Español (Spanish)
n. - escote

Svenska (Swedish)
n. - ur/halsringning

中文(简体)(Chinese (Simplified))
领口, 领圈

中文(繁體)(Chinese (Traditional))
n. - 領口, 領圈

한국어 (Korean)
n. - 네크라인(드레스의 목을 판 선)

日本語 (Japanese)
n. - ネックライン, 襟足

العربيه (Arabic)
‏(الاسم) لباس, ( خاصه للنساء) طرفه الاعلى يصل إلى الرقبه او تحتها‏

עברית (Hebrew)
n. - ‮קו הצוואר (בשמלה)‬


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décolletage (low neckline on a woman's garment)
V-neck (V-shaped neckline)