capitalsmack_00

capitalsmack_00

If a trendy stocks goes in consolidation phase then there is high probability that big move is coming soon . So, in this stock there is consolidation and it can move in any direction upward and downward both . If you see to it there is 1 important moving average of 200 days . So, it is there for target. So go ahead.

capitalsmack_00

Inverse head and shoulder is a bullish pattern . It formed when bears try three times to pull the price off but bulls act as so actively that price always go up. Trader act this pattern when there is a breakout of resistance from which bears got active.