Message:

<p>[QUOTE=&quot;Eric the Red, post: 26615160, member: 118899&quot;]This is for you Sal, love ya man<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Consolidation</p><p>stock trading, consolidation refers to a stock&#039;s price moving sideways within a narrow range (between support and resistance) after a strong upward or downward trend, signaling market indecision or a pause, often forming patterns like triangles or rectangles, and traders watch for a breakout (up or down) from this range as a signal for the next big move. It&#039;s a period where buyers and sellers are balanced, often characterized by decreasing volume and volatility, before the stock decides on a new direction. </p><p>Key Characteristics:</p><ul> <li>Sideways Movement: Price bounces within defined support (low) and resistance (high) levels.</li> <li>Market Indecision: Buyers and sellers are in equilibrium, waiting for new information or momentum</li> </ul><p>[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in