descending tops - Investment & Finance Definition
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2010 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
In technical analysis, a chart pattern indicating the up and down movement of a security's price and characterized by progressively lower highs on each upturn. This pattern is considered bearish. Compare ascending tops.