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General TradingT

Triple Top

A bearish reversal chart pattern consisting of three roughly equal peaks followed by a breakdown below the support level connecting the troughs between those peaks. The pattern signals that buyers have tried and failed three times to push the price higher, exhausting upside momentum. A confirmed triple top occurs when price closes decisively below the neckline support, often accompanied by increasing volume on the breakdown.

Example

The stock formed a triple top near $85 over three months, and the eventual break below the $78 neckline triggered a sell-off to $68.