Thursday, May 14, 2020 7:37:05 PM
HMY.....today was a good day. Perhaps should
have taken profits into the weekend, but held.
Looking at the chart, chart lines, upper and
lower trend lines...does anyone else using
a 3 month chart see some serious consolidation
going on?
Here's what the experts say about consolidation:
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.
Maybe I can't read charts very good, cause today was anything
but consolidation, but to me it looks like things have
come to a head, and it's either going to break up, or
tally downward for a while.
I'm not doing this to get others do buy or sell,
I'm not that savvy,
an just seeing what others might think?
So far up 4.6%. I'm taking it with me Monday, pending
more due diligence.
Briboy
have taken profits into the weekend, but held.
Looking at the chart, chart lines, upper and
lower trend lines...does anyone else using
a 3 month chart see some serious consolidation
going on?
Here's what the experts say about consolidation:
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.
Maybe I can't read charts very good, cause today was anything
but consolidation, but to me it looks like things have
come to a head, and it's either going to break up, or
tally downward for a while.
I'm not doing this to get others do buy or sell,
I'm not that savvy,
an just seeing what others might think?
So far up 4.6%. I'm taking it with me Monday, pending
more due diligence.
Briboy
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