Bear Market Bottom — Consolidation chart pattern

Robert Brain (Brainy)

   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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rbbrain Members Profile Send Private Message Find Members Posts Visit Members Homepage Add to Buddy List BullCharts Staff Joined: 22 Jul 2006 Location: Melbourne Posts: 169	Post Options Post Reply Quote rbbrain Report Post Quote Reply Topic: Bear Market Bottom — Consolidation chart pattern 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!!
	Robert Brain (Brainy) Convenor - Australian BullCharts User Group Brainy's Share Market Toolbox and BullCharts Tips [/CENTER