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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.


 
 

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

A saucer is a small type of dishware specifically for use with a cup - a cylindrical cup intended for coffee or a half-sphere teacup for tea. The saucer has a raised center with a depression sized to fit a mating cup. Its purpose is to catch overflow, splashes, and drips from the cup and so protecting both table linen or a 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.

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 desert plates. A set of four is typical for a tea set. See also demitasse.

Saucers were used in the past to cool the contents of the cup. The hot liquid was poured into the saucer, the wider surface area cooling the liquid rapidly. This was the original use of the saucer, not to catch drips.

Zarf

A zarf is a kind of saucer that holds a handle-less cup more tightly than a normal saucer. It is particularly useful for holding hot tea or coffee in thin plastic cups, that are otherwise too hot to hold.


 
 

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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 GNU Free Documentation License. It uses material from the Wikipedia article "Saucer" Read more

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