range high

The top of a sideways stretch, where price kept turning down.

The fuller meaning

The upper boundary of a trading range, where rallies have repeatedly stalled. A decisive close above it is the breakout; a quick pop above and close back inside is a false breakout that traps buyers.

range high, also called range top.

Related words

above-average volume · bounce · break of structure · breakaway gap · breakdown · breakout · broken level · channel · choppy market · common gap