Technical Analysis of STOCKS & COMMODITIES
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Consolidation Pattern
ARTICLE SYNOPSIS...Most stocks or commodities cannot maintain a sharp rise or fall for an extended period of time. Sharp moves in any direction are often followed by a consolidation pattern, with an eventual breakout or breakdown in the same direction. The Barr Labs chart
Netflix: Hourly Consolidation Pattern Before Breakout?
ARTICLE SYNOPSIS...Now in a consolidation pattern after a sharp six week rally, shares of Netflix (NFLX) look to be setting up for a bullish continuation move.