Article Archive for December 2011
On 19 June 2008, Onesteel Limited (OST.AX) reached an all-time high of 7.880 after a steady and consistent rise in the prior years. Price activity ranged for a time close to the high but never …
Gaps are well-known to experienced traders. They are spots on a chart in which the price of an instrument jumps up or down from the current trend, creating a hole, or a gap, between trading …
Beginning in February of 2011, Amcor Limited (AMC.AX) underwent several broadening and consolidation patterns in succession as the market attempted to find an identity as well as a stable price. Not coincidentally, the breakouts provided …
A Rectangle Bottom pattern is a chart formation which takes place over the course of several candlesticks on a daily chart. It is considered a bullish reversal pattern.
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