Base-on-Base Pattern: How Two Stacked Consolidations Relate
Take a hypothetical stock that spends seven weeks building a base between 43.50 and 50.00, clears 50.00 in week 8 and closes that week at 51.90. Two weeks later it…
Take a hypothetical stock that spends seven weeks building a base between 43.50 and 50.00, clears 50.00 in week 8 and closes that week at 51.90. Two weeks later it…
Take a hypothetical growth stock that has climbed from 40.00 to 60.00, a 50% advance, and then starts to slip. Over the next few months it pulls back to 52.20,…
A growth stock has spent seven weeks building a base after a long advance. Three weeks into the base it set a low at $50. The stock bounced, drifted, and…
A growth stock runs from 32.00 to 60.00, pulls back to 44.40, works its way back up to 58.90, then drifts for two weeks inside a narrow range just under…
Two traders watch the same base. The top of the range sits at 100.00 and the nearest chart-failure level is a support area at 96.00. One gets a fill at…
A company lists with an offer price of $22.00, opens at 31.50, trades as high as 38.20 in its first session and closes at 34.10. Six weeks later it's trading…
DSGX is back among the day's big gainers this week, helped by a higher analyst price target, so it's worth pulling up a much older chart. Back in late 1999,…