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Re: georgie18 post# 6244

Friday, 11/12/2021 5:00:43 PM

Friday, November 12, 2021 5:00:43 PM

Post# of 7422
Think of the channel as the handle of the consolidation pattern like a spring that is slowly coiling. The greater percent of shareholder turnover during this time period, the more pronounced the subsequent upward move will be and the more reliable the indicator. Accumulation also on elevated levels. (While we’re waiting I read up) =)
https://www.dummies.com/personal-finance/investing/penny-stocks/what-to-do-with-consolidation-patterns-in-penny-stocks/