Replies to post #104469 on Sarissa Resources Inc (SRSR)

[Pdog]

Not normally....... we are churning out the profit takes.......

Basically consolidation occurs when the profit takes or sellers turn over their shares to longs, or new traders forming the base at a higher share price.

IE selling pressure increases, but forms a higher base to launch from for the next run.

That is why a bullish pennant is formed.



imo