Post by
tiergram on Dec 13, 2010 1:56pm
turn around
I knew the stock was going to turn around at the end
Comment by
BayStreetkid on Dec 13, 2010 2:40pm
turn around where?!Investopedia explains ConsolidationThe levels of resistance and support within the consolidation are created through the upper and lower bounds of the stock's price. Once the price of the asset breaks through the identified areas of support or resistance, volatility quickly increases and so does the opportunity for short-term traders to generate a profit.