Consolidation
A period of sideways price movement, often in an increasingly narrow range (higher lows and lower highs) forming patterns like triangles and pennants. See also Congestion and Trading Range.
Articles related to Consolidation
David Penn
March 6, 2008
Mark Whistler
Knowing where to close losing trades is vital, but knowing where to close winners is just as crucial.
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October 5, 2006
Teresa Appleton
Thursday delivered what was expected, a nice narrow range light volume consolidation day.
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Jea Yu
Nasdaq 100 e-minis (noodles) tagged the my first target of 1703 on the nose...
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