Download
Article

• Chart Congestion Analysis by Holliston Hill

  ARTICLE SYNOPSIS ...Chart Congestion Analysis by Holliston Hill Congestion areas appear in all markets whether it be gold, soybeans, IBM, or the Dow Jones Industrial Average. Being able to recognize the different types of congestion areas and knowing what they will lead to, can help the investor reap great profits. A congestion area is a price level in which neither the bulls or bears are in complete control. Accumulation and distribution are other names for congestion areas. The market cannot make up its mind in which direction it wants to go. Congestion areas are pauses in the market action; many traders step...

AUTHOR: Holliston HillDATE: FEB 1985