An ascending flag is a continuation pattern formed by two straight upward parallel lines which are shaped like a rectangle. It is adjusted in the direction of the trend that it consolidates.
The ascending triangle is a bullish continuation pattern. This pattern is made by two converging lines. The first line is an upward slant which is the support and the other is a horizontal resistance line.
The price, aka “the ask”, is the lowest price that a seller is willing to accept for a security.
An asset is anything that has monetary value and can be sold. Assets can be anything from a pencil (though it is not worth much) to a skyscraper to things like Stocks and ETFs.
“Asset Allocation” is how you have divided up your investments across different assets. You can have all your assets in one place, or you can use diversification to spread them around to reduce risk.
Asset Turnover Ratio is the amount of sales generated for every dollar’s worth of assets.
At The Money refers to an option whose strike price equals the price of the underlying equity, index or commodity.
ADX is an indicator used in technical analysis as an objective value for the strength of trend.
The balance sheet is a financial snapshot of the firm on a specific date – specifically their assets, liabilities, and shareholder equity
A Balanced Fund is a type of Mutual Fund whose main objective is to diversify risk by holding a defined percentage of different security types.