Inverse Saucer

Inverse Saucer is a technical chart formation that indicates a stock's price has reached its high and that the upward trend has come to an end.  It is also known as a "rounded top".

Inverse Saucer

Inverse Saucer is a technical chart formation that indicates a stock's price has reached its high and that the upward trend has come to an end.  It is also known as a "rounded top".

 


Inverse Saucer Identification

An inverse saucer is characterized by a steady flattening of the uptrend to such a degree that the market at one moment enters a sideways range, but then slowly starts to fall and finally accelerates downward.

Inverse Saucer Interpretation

This rare formation provides no clear price target but usually implies quite a lot of potential since 50% or more retracement of the preceding uptrend can be expected. 



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