RE: RE: .60 Its good that the share price consolidates here. The longer it does the better chance it has to move up.
The bigger the consolidation zone becomes, the more violent the break out can become: if however a consolidation zone drags on for a longer while, then the power of the breakout increases. Usually the longer the consolidation zone, the bigger the size of the break out afterwards. It is similar to having tension built up inside the consolidation zone, and the break out does occur, the tension and energy is released and the break out has more power.