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Definition Of Chart Formation:

chart formation A series of graphed stock prices or other market variables that form a recognizable pattern that may be used to determine future movements of the charted variable.
Chart formations are not always as clearly defined as their users would like; thus the ability to recognize and use charted data varies among technicians. Also called formation, pattern.

Other Definition Of Business Terms:

Charter 1
Charter 2
Chartered Financial Analyst (cfa)
Chartered Financial Consultant (chfc)
Chartered Life Underwriter (clu)
Chartered Property Casualty Underwriter (cpcu)

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