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Saucer

 

A technical charting formation that indicates that a stock's price has reached its low and that the downward trend has come to a close.

Investopedia Says:
Saucer formations will exhibit very low volume figures at the point when the stock's price was the lowest.


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Technical chart pattern shaped like a saucer signaling that the price of a security or a commodity has formed a bottom and is moving up. An upside-down saucer shows a top in the security's price and signals a downturn. See also Technical Analysis.

Wikipedia: Saucer
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A saucer is a small type of dishware, a plate that is specifically used with and for supporting a cup – a cylindrical cup intended for coffee or a half-sphere teacup for tea. Additionally, the saucer is a distant cousin to the plate. The saucer has a raised center with a depression sized to fit a mating cup. The saucer is useful to protect surfaces from possible damage due to the heat of a cup, and to catch overflow, splashes, and drips from the cup, so protecting both table linen and the user sitting in a free standing chair who holds both cup and saucer. The saucer also provides a convenient place to place a damp spoon, as might be used to stir the drink in the cup in order to mix sweeteners or creamers into tea or coffee. Not only are saucers used by humans, they are also used by animals, e.g. cats may drink or eat from saucers.

Although often part of a place setting in a dinner set, teacups with unique styling are often sold with matching saucers, sometimes alone, or as part of a tea set, including a teapot and small dessert plates. A set of four is typical for a tea set. See also demitasse.

Three degrees of saucer
  Commonplace, department store-ware
  Cheap, styrofoam saucer
  Collectible antique

 
 

 

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Investment Dictionary. Copyright ©2000, Investopedia.com - Owned and Operated by Investopedia Inc. All rights reserved.  Read more
Financial & Investment Dictionary. Dictionary of Finance and Investment Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.  Read more
Wikipedia. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article "Saucer" Read more