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1). The Art Of Trading - How To Trade During A Consolidation or Congestion Phase By : Peter Lim
When stock prices start to move within a certain range, falling to established lows and then rebounding up to established highs and fall back again, the stocks are said to be in a consolidation or congested phase.
Most of the time, typical consolidation patterns can be seen, with the most common one being the rectangle pattern or sometimes called a price "corridor" or channel.
Article Related to: trading in consolidation and congestion periods, trading in bear market, range trading, rectangle pattern, trading the channel pattern, corridor, oscillators, stochastics, how to trade using stochrsi
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