EBIT

Earnings before interest and taxes. Also known as operating income. 

Assets

Everything a company or person owns, including money, securities, equipment and real estate. Assets include everything that is owed to the company or person. Assets are listed on a company’s balance sheet or an individual’s net worth statement.

At The Close

This is the price of the last trade of a stock when the market closes for the day. This price is of primary importance in our trading as where a stock closes in its range tells us much about the direction and momentum of the stock.

Dutch Auction

A method of allocating shares in an IPO where you specify how much you’re willing to pay for how many shares.

Double Bottom/ Double Top

These are reversal patterns. It is a decline or advance twice to the same level (plus or minus 3%). It indicates support or resistance at that level. These are signature patterns that are playable with little or no confirmation.

Ask Size

The aggregate size in board lots of the most recent ask to sell a particular security.