Consolidations - longer term

I

inandlong

I'd like this thread to be used for consolidation patterns that are occuring on a 60 minute or longer chart. Provide supporting evidence if you want.

INDU daily chart consolidation for 3-4 weeks
C daily chart consolidation for 6 days
 
Quote from inandlong:

I'd like this thread to be used for consolidation patterns that are occuring on a 60 minute or longer chart. Provide supporting evidence if you want.
More...

Not a bad idea - ok here is one -

DNA - consolidating at 2 year + highs on the daily, volatility contracting, shown good RS & no signs of distribution. Breakout players did try and run it up this morning but it fell back.

All that being said I'd be very careful with any longs that are not a daytrade at this moment as this market is sending a lot of signals that it wants to go lower.
 
GD, DNA, MGA, HSY, BIO, PRX, JBHT, KPP, NTLI, NMGA, SCSC, BG, PSUN, DVA, BKS, AGI, DTG, CCBI, JOYG, SINT,
Consolidating for three to ten days. All stocks in strong uptrend.

Weekly chart consolidation 4 to 6 weeks:
IMDC COCO MDC HUG GTRC CBI SVU ABRX SONO MTRX TSA BE DKS
 
You must log in or register to reply here.
Back
Top