Consolidation accumulation phase - Much low volatility!
See the resemblance? It's been a long time since we've seen this low of volatility . History doesn't always repeat itself as we all know but wow look at it happening before our eyes. So what happens next? I believe more of the same for the next month to several months unless news pumps the price. I think Q4 will have people regretting they throw in the towel. Time will tell.
"Consolidation is the term for a stock or security that is neither continuing nor reversing a larger price trend. Consolidated stocks typically trade within limited price ranges and offer relatively few trading opportunities until another pattern emerges" - investopedia.com/ask/answers/120414/how-do-i-identify-stock-under-consolidation.asp
"Consolidation is the term for a stock or security that is neither continuing nor reversing a larger price trend. Consolidated stocks typically trade within limited price ranges and offer relatively few trading opportunities until another pattern emerges" - investopedia.com/ask/answers/120414/how-do-i-identify-stock-under-consolidation.asp
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