Consolidating email speed dating in fairfield county
Technical traders look for support and resistance levels in price charts, and traders use those levels to make buy and sell decisions.
This article was co-authored by our trained team of editors and researchers who validated it for accuracy and comprehensiveness.
A resistance level is the top end of the price pattern, while the support level is the lower end of the pattern.
Once the price of the stock breaks through the identified areas of support or resistance, volatility quickly increases, and so does the opportunity for short-term traders to generate a profit.
Consolidation is a technical analysis term referring to security prices oscillating within a corridor and is generally interpreted as market indecisiveness.
Said another way, consolidation is used in technical analysis to describe the movement of a stock's price within a well-defined pattern of trading levels.
Get all your emails in a single Gmail inbox and send emails from any address.