Not exact matches
$ KBE is back
above its 10 - week moving average, and the price action moving
in a
tight, sideways
range above the rising 20 - day exponential moving average on the daily chart (not shown).
Like $ GKOS, $ AERI is also consolidating at all - time highs and trading
in a very
tight range above the 10 - week moving average.
Notice on the chart
above that this
tight price
range developed
in the last two weeks of December, as $ EPU chopped around just below the $ 45.50 level.
Before going on a big run
in recent weeks, $ WB formed two
tight -
ranged consolidations just
above its rising 10 - week MA.
By later
in the same month, an extremely
tight range develops
above the 20 - day exponential moving average.
Bar 7 - Two legged pullback
in a bull move, opening reversal up from moving average second entry buy, but big outside up bar at top of 6 bar
tight trading
range, limit order market, sellers scaling
in above, buyers below, both scalping.
Bar 13 - Double bottom higher low, close on high, still always
in long from 8, ok swing buy or long, but
tight trading
range so limit order market, sellers scaling
in above, buyers below, both scalping and low probability for stop entries
Whenever volume suddenly surges so massively as a stock / ETF breaks out
above a
tight range, it is the undeniable footprint of institutional buying activity, which acts as a gas pedal to propel the stock / ETF higher
in the near to intermediate - term.
Nevertheless, we were able to find one ETF that has been consolidating
in a
tight range over the past few months, after breaking
above a -LSB-...]
Buy when a security breaks
above the highest point of a longer - term
range that it has been confined
in and place a
tight stop loss
in case the breakout fails.
Since then, $ CYTK has been trading
in a
tight, sideways
range above its 50 - day moving average, with both the 10 and 20 - day moving averages sitting
above the 50 - day moving average.
Nevertheless, we were able to find one ETF that has been consolidating
in a
tight range over the past few months, after breaking
above a weekly downtrend line.
With a cacao content
in the 70 % and
above range, it walks a
tight line between bitter and almost too bitter.
Notice
in the chart
above, the price action
in the highlighted area is very choppy and it's moving sideways
in a very small /
tight range.
Bar 7 - Two legged pullback
in a bull move, opening reversal up from moving average second entry buy, but big outside up bar at top of 6 bar
tight trading
range, limit order market, sellers scaling
in above, buyers below, both scalping.