Consolidation is one of the most important signals that
a stock is about to begin a new move. The move can be a
continuation in the same direction, or it can be a reversal in
the opposite direction. The area of consolidation
represents a battle zone where the bears are at war with the
bulls. The outcome of the battle often defines the
direction of the next move. As short-term traders, it
is important to identify these areas of consolidation and ...Read the rest of this entry »
May 20th, 2012



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