Off Topic: Bear Market Bottom — Consolidation chart pattern

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Bear Market Bottom — Consolidation chart pattern

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URL: http://www.bullcharts.com.au/forum/forum_posts.asp?TID=523
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Topic: Bear Market Bottom — Consolidation chart pattern

Posted By: rbbrain
Subject: Bear Market Bottom — Consolidation chart pattern
Date Posted: 29 Nov 2008 at 10:24am

Bear Market Bottom — Consolidation chart patterns

Some stocks will stay at historic lows for a longer period of time, and exhibit a consolidation pattern (confined within a trading range, and stuck below a ceiling of resistance). Watch for these patterns, but do NOT buy until a Breakout is confirmed.

Question: What indicators, or moving averages, or scans can we use in BullCharts to help spot consolidation chart patterns?

If you have different ideas about a bear market bottom, then please post it in another Topic, or if you can't find one, create a New Topic like this one.

CAUTION: Any information on this forum is general in nature. Nothing that you read here can be construed as financial advice. Any information here is just for discussion and education. Your own personal financial situation has not been considered. THIS FORUM DOES NOT CONTAIN INVESTMENT ADVICE!!

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Robert Brain (Brainy)
Convenor - Australian BullCharts User Group
http://www.RobertBrain.com - Brainy's Share Market Toolbox and BullCharts Tips
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