happens when the price of a stock trades within a stable range without forming any distinct trends over some period of time (mostly six months)
During a sideways trend, there are lesser gains and narrow margins.
The sideways market operates within its support and resistance levels of bollinger band.
When the sideways trend ends, the bull market follows up.
It mostly occurs in a consolidation phase.
Hercules will experience one or five of these patterns in the next few days.
Five bullish candlestick patterns that give the strongest reversal signal.
The Hammer or the Inverted Hammer. Apparently, Hercules got an inverted hammer today.
The Bullish Engulfing.
The Piercing Line.
The Morning Star.
The 3 White Soldiers.
