What is a Triple Top?
Triple Top Definition:
In Technical Analysis, a triple top is a bearish reversal chart pattern that is found at the top of an uptrend. Here, the security marks three consecutive peaks at the same price level. The two troughs that it makes between them are marked at an equal level as well. A breakdown occurs when the price falls below the line connecting the two troughs. A target is then gauged by projecting the height of the peak from the point of breakdown.