Blow Of Top. These types of tops dont come after mediocre rises. In a vacuum a blow off top is a steep increase in volatility volume and rate of price change which ultimately leads to a collapse in the opposite direction.
I maintain a post crash price target between 5000 and 8000 for tsla. Spx having a blow off top. Just as likely however is the possibility that one will incur a loss by buying at the top price.
Brighton head into the.
A sudden rapid increase in a securitys price followed by an equally sudden rapid decrease. To be pushed or carried off by the force of moving air. Blow off tops can occur in any asset market securities commodities crypto etc. Now bull markets in commodities gold oil and the like do usually end with major price spikes.