Glossary

A price chart pattern resembling a pole with a flag (pennant), the pattern identifies a strong trend and is characterized by increasing lower highs and higher lows.

Any stock share trading below $5 per share.

Daily publication by the National Quotation Bureau that lists Over-the-Counter stocks including the Dealers who trade them.

Unit of price for foreign currency — refers to digits added or subtracted from the fourth decimal place.

A technical analysis indicator used to gauge overall market trend. Calculated through an average of the high, low and close for the previous trading day.

A technical analysis charting technique that plots price movements without time as a parameter. Easily identifiable by vertical columns of Xs and Os. Xs represent rising prices while Os represent falling prices.

The totality of an investor’s holdings in stocks, bonds, futures, mutual funds and real estate.

The highest amount of futures or options contracts set by the Exchange,  that any one investor may hold on an underlying security.

An attribute of the Average Directional Index (ADX) that quantifies the occurrence of an uptrend.

A clause for select shareholders of a corporation that provides the right to maintain percentage ownership of a company through purchasing a proportionate amount of shares of any future shares issuance of the security.