See the resemblance? It's been a long time since we've seen this low of volatility . History doesn't always repeat itself as we all know but wow look at it happening before our eyes. So what happens next? I believe more of the same for the next month to several months unless news pumps the price. I think Q4 will have people regretting they throw in the towel. Time will tell.
"Consolidation is the term for a stock or security that is neither continuing nor reversing a larger price trend. Consolidated stocks typically trade within limited price ranges and offer relatively few trading opportunities until another pattern emerges" - investopedia.com/ask/answers/120414/how-do-i-identify-stock-under-consolidation.asp
"Consolidation is the term for a stock or security that is neither continuing nor reversing a larger price trend. Consolidated stocks typically trade within limited price ranges and offer relatively few trading opportunities until another pattern emerges" - investopedia.com/ask/answers/120414/how-do-i-identify-stock-under-consolidation.asp
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.